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State the two situations in which interest on a partner's capital is generally provided. - Accountancy

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प्रश्न

State the two situations in which interest on a partner’s capital is generally provided.

अति संक्षिप्त उत्तर
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उत्तर

  1. When partners contribute unequal amounts of capital but share profits equally.
  2. When partners contribute equal capital but share profits unequally.
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अध्याय 1: Accounting for Partnership Firms - Fundamentals - SHORT ANSWER QUESTIONS [पृष्ठ १.१३१]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 1 Accounting for Partnership Firms - Fundamentals
SHORT ANSWER QUESTIONS | Q 48. | पृष्ठ १.१३१
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