English
Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

In the absence of an agreement among the partners, interest on capital is ___________. - Accountancy

Advertisements
Advertisements

Question

In the absence of an agreement among the partners, interest on capital is ___________.

Options

  • Not allowed

  • Allowed at bank rate

  • Allowed @ 5% per annum

  • Allowed @ 6% per annum

MCQ
Fill in the Blanks
Advertisements

Solution

In the absence of an agreement among the partners, interest on capital is Not allowed.

shaalaa.com
  Is there an error in this question or solution?
Chapter 3: Accounts of partnership firms–fundamentals - Multiple choice questions [Page 110]

APPEARS IN

Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 3 Accounts of partnership firms–fundamentals
Multiple choice questions | Q I 2. | Page 110
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×