Question

3. A firm does not have a Partnership Deed. Based on this fact, Choose the correct match: COLUMN-1 COLUMN -II (i) Interest will be allowed @ 6% p.a. (1) Drawings of partners (ii)Interest will not be Allowed (2) profit of the firm for an accounting year. (iii) No interest will be charged (3) Capital contributed by the partners. (iv) partners shall share equally (4) Loan given by partners to the firm. (a) (i)-(2) (ii)-(3) (iii)-(4) (iv)-(1) (b) (i)-(4)(ii)-(3) (iii)-(1) (iv)-(2) (c) (i)-(1) (ii)-(2) (iii)-(4) (iv)-(3) (d) (i)-(3) (ii)-(4) (iii)-(2) (iv)-(1)​

Answer 1

Answer:

Explanation:

(iii)-(2) (iv)-(1)​