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What share of profits would a ‘sleeping partner’ who has contributed 75% of the total capital get in the absence of a deed? - Accounts

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What share of profits would a ‘sleeping partner’ who has contributed 75% of the total capital get in the absence of a deed?

अति संक्षिप्त उत्तर
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उत्तर

In the absence of a partnership agreement, profits are shared equally among partners, regardless of capital contribution. So, a sleeping partner would get an equal share of the profits, even though they contributed 75%.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Accounting for Partnership Firms - Fundamentals - SHORT ANSWER QUESTIONS [पृष्ठ १.१२८]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 1 Accounting for Partnership Firms - Fundamentals
SHORT ANSWER QUESTIONS | Q 20. | पृष्ठ १.१२८
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