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In the absence of any deed of partnership---a)Only working partners are entitled to Salary.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)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.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)Only working partners are entitled to Salary.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)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.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)Only working partners are entitled to Salary.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)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.Correct answer is option 'D'. Can you explain this answer?.

Solutions for In the absence of any deed of partnership---a)Only working partners are entitled to Salary.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)Interest at the rate of 6% is to be allowed on a partner’s loan to the firm.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.

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