Skip to content

Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Class 12 Accountancy Partnership Accounts - Basic Concepts Partnership DeedMedium

0 reads0 ratings0 helpful

If the deed does not mention interest on drawings but drawings were made, what is the general rule?

Answer and explanation

Correct answer: No interest will be charged

Interest on drawings is charged only when the deed provides for it. Do not confuse it with the rule for partner's loan.

Related tags

Interest On Drawings Absence Of Deed General Rule Partnership Deed Partnership Accounts Basic Concepts Accountancy Class 12 Mcq

सुधार सुझाएँ / Earn

Student feedback

Was this question useful?

No ratings yetWrite a review / Rate this question

Was this question useful?

👍 0 Helpful 👎 0 Not helpful

Difficulty

Easy0%

Medium0%

Hard0%

Was the explanation clear?

Yes 0% No 0%

0 responses

Student Reviews

No published reviews yet.

Found an issue? Help improve this question My reports and replies