Question

In the absence of Partnership Deed, the profits of a firm are divided among the partners:

विकल्प

• In the ratio of Capital

• Equally

• In the ratio of time devoted to the firm's business

• According to the managerial abilities of the partners

Answer 1

Equally

Explanation:

If there is no partnership agreement, the partners split the profits and losses equally, regardless of the amount of capital they have committed.