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
    In the absence of partnership deed, the interest is allowed on partner’s capital:

    A) @5%p.a.            

    B) @6%p.a.

    C) @12% p.a.         

    D) No interest is allowed

    Correct Answer: D

    Solution :

    [d] No interest is allowed


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