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प्रश्न
Choose the Correct Answer.
The partnership deed also called ______
विकल्प
Articles of Association
Articles of Partnership
Partnership Act
Partnership
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उत्तर
The partnership deed also called the Articles of Partnership.
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संबंधित प्रश्न
Define Partnership Deed.
Partners share profit & losses in _______ ratio in the absence of partnership deed.
Answer in one sentence only.
What is the provision of Indian Partnership Act with regard to Interest on Capital?
What are the contents of the partnership deed?
The document which contains the terms of the agreement of partnership is called ______.
When there is no partnership deed, the partners are entitled to which of the following?
Assertion: The SI system of units is the suitable system for measurements.
Reason: The SI unit of temperature is kelvin.
When there is no partnership agreement between partners, the division of Profits takes place in ______ ratio.
Answer in one sentence only:
Why is Partnership Deed necessary?
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Rudra, Dev and Shiv were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Their fixed capitals were ₹ 6,00,000, ₹ 4,00,000 and ₹ 2,00,000 respectively. Besides his capital Shiv had given a loan of ₹ 75,000 to the firm. Their partnership deed provided for the following:
During the year Rudra withdrew ₹ 50,000 at the end of each quarter; Dev withdrew ₹ 50,000 in the beginning of each half year and Shiv withdrew ₹ 70,000 at the end of each half year. The profit of the firm for the year ended 31-3-2022 before allowing interest on Shiv's loan was ₹ 7,06,750. |
How much amount of net profit will be transferred to Profit and Loss Appropriation A/c?
