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 - Fundamentals

  • question_answer
    Interest on capital will be paid to the partners if provided for in the partnership deed but only out of:

    A) Profits

    B) Goodwill

    C) Reserves 

    D) Accumulated profits

    Correct Answer: A

    Solution :

    Profits


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