2.82 Double Entry Book Keeping--CBSE XII
[Ans.: In the absence of Partnership Deed, the provisions of Indian Partnership Act
,
(a) No interest will be paid on extra capital introduced, (b) Deep canno,
Bose and Chatterjee don't agree, (C) No interest will be charged from the
8
of interest was not agreed, (d) Interest on drawings will not be charges
5. A And B are partners since 1st April, 2020, without a Partnership Deed and they introduz
*35,000 and 20,000 respectively. On 1st October, 2020, Agave loan of 8,000 to the fin
agreement as to interest. Profit and Loss Account for the year ended 31st March, 2021 shton
15,000 but the partners cannot agree on payment of interest and on the basis of division
You are required to divide the profits between them giving reasons for your method.
[Ans.: A and Beach gets *7,380 as profit and A gets 240 as
6. Harshad and Dhiman are in
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diet hawa I've emailed a book dividing my property amongst you it is keep it under the ground of my cord after their death under the
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