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  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

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

  • question_answer
    If salary to a partner is a charge against profit then it will be paid only out of the profit but in case of loss salary to partner will not be paid.

    A) True     

    B) False

    Correct Answer: B

    Solution :

    False


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