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Interest on capital is allowed

Home » Interest on capital is allowed
Posted inAccountancy Class 12 Fundamental of Partnership

Amit and Vijay started a partnership business on 1st April, 2024

47 :- Amit and Vijay started a partnership business on 1st April 2024. Capital invested by them were Rs 2,00,000 and Rs 1,50,000 respectively. The partnership deed provided as follows: Interest…
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