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प्रश्न
P, Q, and R were partners in a firm. On 31st March 2018 R retired. The amount payable to R ₹ 2,17,000 was transferred to his loan account. R agreed to receive interest on this amount as per the provisions of Partnership Act, 1932. State the rate at which interest will be paid to R.
उत्तर
The rate of interest payable to R would be 6% per annum as per the provisions of Partnership Act, 1932.
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संबंधित प्रश्न
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Answer in one sentence only.
Which act is applicable to partnership business?
Answer in one sentence only.
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Answer in one sentence only.
What is the liability of partners?
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Give the word / term or phrase which can substitute the following statement.
A partner below the age of 18 years.
Select the most appropriate alternative from those given below and rewrite the statement.
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Select the most appropriate alternative from those given below and rewrite the statement.
A partner below 18 years of age is called as __________________ partner.
State whether the following statement are True or False.
The interest on drawings is an income of the partnership firm.
Distinguish between ‘Dissolution of Partnership’ and ‘Dissolution of Partnership Firm’ based on:
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- Economic relationship
