[最も欲しかった] in absence of partnership deed 694760-In absence of partnership deed interest on loan of a partner is allowed
In the absence of a partnership deed, the provisions of the Indian Partnership Act, 1932, apply According to the Act, asked in Accounts by Sakil Alam ( 641k points)Option D – Interest should not be allowed on partners drawings Explanation Under the Partnership Act, the following rules will be applied in the absence of an agreement among partners i Profit or losses of the firm will be shared equally by the partners ii Interest on capital will not be allowed to any partner iiiQ1 In the absence of partnership deed how much interest will be given on capital? Magonlinelibrary Com In absence of partnership deed interest on loan of a partner is allowed