2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm : Fundamental

  • question_answer
    If partnership deed is silent or has not been formulated, then partners are entitled for:

    A) salary                 

    B) commission

    C) interest on loan   

    D) profit share in capital ratio

    Correct Answer: C

    Solution :

    [c] interest on loan


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