What share of profits would a ‘sleeping partner’ who has contributed 75% of the Total Capital get in the absence of a deed? Post category:Accountancy Reading time:1 mins read SOLUTION Equal share of profits. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhy is it important, to have a partnership deed in writing? Next PostIn the absence of any provision in the partnership deed, at what rate is a working partner entitled for remuneration? You Might Also Like If Trade Receivables Turnover Ratio is more than the norm set for it, what will it indicate? October 3, 2022 What is meant by Non-Convertible Debentures? September 29, 2022 Y Ltd. forfeited 100 equity shares of Rs. 10 each for the non-payment of first call of Rs. 2 per share. The final call of Rs. 2 per share was yet to be made. Calculate the maximum amount of discount at which these shares can be re-issued. (C.B.S. E. 2017. Delhi) September 29, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
If Trade Receivables Turnover Ratio is more than the norm set for it, what will it indicate? October 3, 2022
Y Ltd. forfeited 100 equity shares of Rs. 10 each for the non-payment of first call of Rs. 2 per share. The final call of Rs. 2 per share was yet to be made. Calculate the maximum amount of discount at which these shares can be re-issued. (C.B.S. E. 2017. Delhi) September 29, 2022