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प्रश्न
State Whether the following Statement is True or False:
If the partnership deed is silent, interest @ 6% p.a. would be charged on the drawings made by the partner.
चूक किंवा बरोबर
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उत्तर
The statement is false.
Explanation:
If the partnership deed is silent, no interest is charged on drawings. Interest on drawings can be charged only if the partnership agreement specifically provides for it.
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