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प्रश्न
Pick the odd one out:
विकल्प
Rent to Partner
Manager’s Commission
Interest on Partner’s Loan
Interest on Partner’s Capital
MCQ
असंगत शब्द पहचानिए
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उत्तर
Interest on Partner’s Capital
Explanation:
Interest on Partner’s Capital is not a charge against profits. It is distributed only when profits exist, and it is recorded in the Profit and Loss Appropriation Account, not in the Profit and Loss Account like the others.
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Distribution of Profit Among Partners
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