English

Rent paid to a partner is ______ against profit.

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Question

Rent paid to a partner is ______ against profit.

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Solution

Rent paid to a partner is charge against profit.

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Chapter 1: Accounting for Partnership Firms - Fundamentals - OBJECTIVE TYPE QUESTIONS [Page 1.143]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 1 Accounting for Partnership Firms - Fundamentals
OBJECTIVE TYPE QUESTIONS | Q (C) 20. | Page 1.143
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