(a) A wants that interest on capital should be allowed to the partners but B and
(b) B wants that the partners should be allowed to draw salary but A and C do not agree.
(c) A and B want that should pay interest on loan given to him by the firm but C does not agree.
Answers
Answered by
1
Answer:
In the absence of partnership deed,the provisions of the Indian Partnership Act 1932 are applicable. According to this act,
a.Interest on capital will not be given to partners
b.partners are not allowed to draw salary
c. Interest on loan given by a partner to the firm will be g @6%p.a
Hope it helps. Please mark as brainliest
Similar questions