Advertisements
Advertisements
प्रश्न
Choose the Correct Answer.
The partnership deed also called ______
विकल्प
Articles of Association
Articles of Partnership
Partnership Act
Partnership
Advertisements
उत्तर
The partnership deed also called the Articles of Partnership.
APPEARS IN
संबंधित प्रश्न
In the absence of partnership deed, specify the rules relating to the following:
(i) Sharing of profits and losses.
(ii) Interest on partner’s capital.
(iii) Interest on Partner’s drawings.
(iv) Interest on Partner’s loan
(v) Salary to a partner.
Partnership Deed is an _____ of Partnership.
Answer in one sentence only.
Why is partnership deed necessary?
Answer in one sentence only.
If the Partnership Deed is silent, in which ratio, the partners will share the profit or loss?
Choose the Correct Answer.
A temporary partnership that is formed to complete a specific job doing a specified period of time is called ______
The document which contains the terms of the agreement of partnership is called ______.
According to the Partnership Act, the relation of partnership arises from ______ and not from status.
When there is no partnership deed, the partners are entitled to which of the following?
When there is no partnership agreement between partners, the division of Profits takes place in ______ ratio.
|
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?
