Accountancy, asked by preetikakunjarp9s9mj, 1 year ago

Difference between no agreement except for interest on capitals and an agreement for treating interest on capital as a charge on profits

Answers

Answered by Vickypanjiyar
1
Heyaa,

No interest on capital will be provided, in case no agreement made...

But, In case deed is prepared, then Interest will be allowed at the rate, deed has been fixed.


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