Test Preparation on CA/CS Foundation MCQ Question Partnership Account I
1.
What would be the accountingentry for a partner s withdrawal ofcash in lieu of salary?
2.
In the absence of an agreement tothe contrary partners share profitsand losses in
3.
What would be the profit sharingratio if the partnership act iscompiled with?
4.
Would interest on loan be allowedin the absence of any agreeinent orwhen partnership deed is silent?
|
|
|
Right Ans
|
Wrong Ans
|
Not Attempted
|