In the absence of partnership deed, at which rate interest is allowed on a partner’s loan? Post category:Accountancy Reading time:1 mins read SOLUTION 6% p.a. 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 PostIn the absence of partnership deed, what is the ratio in which the profits of a firm are divided among the partners? Next PostKavita and Laxmi run a charitable dispensary. Kavita wants to have a partnership deed. What is your opinion? You Might Also Like What is the advantage of Comparative Balance Sheet? October 1, 2022 From the following Balance Sheet of ABC Ltd. as at 31st March, 2019, Calculate Debt to Equity Ratio: August 12, 2022 A, B and C are the partners sharing profits and losses in the ratio of 5: 3: 2. C retired and his capital balance after adjustments regarding Reserves, Accumulated profits / losses and gain / loss on revaluation was Rs. 2,50,000. C share was paid Rs. 3,00,000 in full of settlement. Afterwards D was admitted D. for 1 / 5th. (C.B.S.E. Sample Paper, 2017) September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
From the following Balance Sheet of ABC Ltd. as at 31st March, 2019, Calculate Debt to Equity Ratio: August 12, 2022
A, B and C are the partners sharing profits and losses in the ratio of 5: 3: 2. C retired and his capital balance after adjustments regarding Reserves, Accumulated profits / losses and gain / loss on revaluation was Rs. 2,50,000. C share was paid Rs. 3,00,000 in full of settlement. Afterwards D was admitted D. for 1 / 5th. (C.B.S.E. Sample Paper, 2017) September 27, 2022
