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X and Y are partners in …

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X and Y are partners in a firm Y's capital 50000(opening) whereas X's capital is 5000(opening) X has given 10000 as loan to the firm interest that X and Y get

    • Posted by Nisha Pal 3 years, 8 months ago

    CBSE > Class 12 > Accountancy
    • 4 answers

    Shubh Verma 3 years, 8 months ago

    If deed is silent then no IOL will be given if deed isn't silent then 6% p. A. interest will be given to X only i. e. 600rs

    0Thank You

    Pratik Kumar 3 years, 8 months ago

    And only to X ... Not to Y

    0Thank You

    Pratik Kumar 3 years, 8 months ago

    6%p.a.

    0Thank You

    Diksha Khatri 3 years, 8 months ago

    Is partnership deed is silent

    0Thank You

    ANSWER
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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