Multiple Choice Questions on On 1st June 2021 a partner introduced in the firm additional capital Rs 50 000 In the absence of a p........... for UPSC EPFO Exam Preparation

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Multiple Choice Questions

On 1st June 2021 a partner introduced in the firm additional capital Rs 50 000 In the absence of a p...........

General Accounting Principles Partnership
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    On 1st June 2021 a partner introduced in the firm additional capital Rs 50,000. In the absence of a partnership deed, on 31st March 2022, he will receive interest 

    Rs 3,000

    Incorrect Answer

    Zero

    Correct Answer

    Rs 1,800

    Incorrect Answer

    Rs 2,500

    Incorrect Answer
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    Explanation:

    In the absence of partnership, interest on capital will not be allowed.

    By: NIHARIKA WALIA
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    SOUBARNIKA S

    incomplete question

    0 0 reply

    Ankur sharma

    Question is regarding what interest will partner receive in absence of partnership deed, read the question carefully its complete

     0 0 reply
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