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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Answer in one sentence only. What rate of interest is allowed on partner’s loan in the absence of an agreement? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only.

What rate of interest is allowed on partner’s loan in the absence of an agreement?

एका वाक्यात उत्तर

उत्तर

6% is the rate of interest to be allowed on partner’s loan in the absence of an agreement.

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Provision of the Indian Partnership Act 1932
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Introduction to Partnership and Partnership Final Accounts - Exercise 1.1 (Objective Questions) [पृष्ठ ५३]

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बालभारती Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 1 Introduction to Partnership and Partnership Final Accounts
Exercise 1.1 (Objective Questions) | Q I. F. 8) | पृष्ठ ५३

संबंधित प्रश्‍न

The Indian Partnership Act is in force since ______.


The Indian Partnership Act is in force since _______.


Write the word/phrase/term, which can substitute the following sentence.

Act under which partnership firms are regulated.


The interest on capital of a partner is debited to _______ account.


Commission payable to partner is _______ to the firm.


Answer in one sentence only.

In the absence of Partnership Deed, what is the rate of interest on loan advanced by partner to the firm is allowed?


Do you agree/disagree with the following statement:

An interest on capital is an expenditure for the partnership firm.


Write the word/phrase/term, which can substitute the following sentence.

Amount of cash or goods withdrawn by partners from the business from time to time.


Under Perfect competition, sellers are

  1. Price makers 
  2. Price takers
  3. Price discriminators 
  4. None of these

In the absence of an agreement, interest on the loan advanced by the partner to the firm is allowed at the rate of ______.


Write the word/phrase/term, which can substitute the following sentence.

Act under which partnership firms are regulated.


In the absence of an agreement, interest on the loan advanced by the partner to the firm is allowed at the rate of ______.


The Indian Partnership Act is in force since ______.


The Indian Partnership act is in force since ______.


The balance of the capital account of retired partner is transferred to his ______ account if it is not paid.


The Indian Partnership act is in force since ______.


The Indian Partnership act is in force since ______.


The Indian Partnership act is in force since ______.


The Indian Partnership act is in force since ______.


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