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Answer in one sentence only. In the absence of Partnership Deed, what is the rate of interest on loan advanced by partner to the firm is allowed? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only.

In the absence of Partnership Deed, what is the rate of interest on loan advanced by partner to the firm is allowed?

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उत्तर

In the absence of Partnership Deed, 6% is the rate of interest on loan advanced by partner to the firm.

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अध्याय 1: Introduction to Partnership and Partnership Final Accounts - Exercise 1.1 (Objective Questions) [पृष्ठ ५३]

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बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
अध्याय 1 Introduction to Partnership and Partnership Final Accounts
Exercise 1.1 (Objective Questions) | Q I. F. 11) | पृष्ठ ५३
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