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In the absence of any deed of partnership---a)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.b)Partners are entitled for commission @ 6% of the net profits of the firm.c)Partners contributing highest capital is entitled for interest on capital @ 6% p.a.d)Only working partners are entitled to Salary.Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about In the absence of any deed of partnership---a)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.b)Partners are entitled for commission @ 6% of the net profits of the firm.c)Partners contributing highest capital is entitled for interest on capital @ 6% p.a.d)Only working partners are entitled to Salary.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the absence of any deed of partnership---a)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.b)Partners are entitled for commission @ 6% of the net profits of the firm.c)Partners contributing highest capital is entitled for interest on capital @ 6% p.a.d)Only working partners are entitled to Salary.Correct answer is option 'D'. Can you explain this answer?.

Solutions for In the absence of any deed of partnership---a)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.b)Partners are entitled for commission @ 6% of the net profits of the firm.c)Partners contributing highest capital is entitled for interest on capital @ 6% p.a.d)Only working partners are entitled to Salary.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of In the absence of any deed of partnership---a)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.b)Partners are entitled for commission @ 6% of the net profits of the firm.c)Partners contributing highest capital is entitled for interest on capital @ 6% p.a.d)Only working partners are entitled to Salary.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of In the absence of any deed of partnership---a)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.b)Partners are entitled for commission @ 6% of the net profits of the firm.c)Partners contributing highest capital is entitled for interest on capital @ 6% p.a.d)Only working partners are entitled to Salary.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for In the absence of any deed of partnership---a)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.b)Partners are entitled for commission @ 6% of the net profits of the firm.c)Partners contributing highest capital is entitled for interest on capital @ 6% p.a.d)Only working partners are entitled to Salary.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of In the absence of any deed of partnership---a)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.b)Partners are entitled for commission @ 6% of the net profits of the firm.c)Partners contributing highest capital is entitled for interest on capital @ 6% p.a.d)Only working partners are entitled to Salary.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice In the absence of any deed of partnership---a)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.b)Partners are entitled for commission @ 6% of the net profits of the firm.c)Partners contributing highest capital is entitled for interest on capital @ 6% p.a.d)Only working partners are entitled to Salary.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.