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 agreement, interest on drawings of a partner is charged at:   (CBSE 20I5)

    A) 8% p.a.

    B) 9% p.a.

    C) 12% p.a.

    D) No interest is charged

    Correct Answer: D

    Solution :

    [d] No interest is charged


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