Accountancy, asked by krahul53434, 5 months ago

In the absence of partnership deed, profit and losses are shared equally by the partners. True or false?​

Answers

Answered by divyabhanushali2015
3

Answer:

true

Explanation:

. In the absence of partnership deed, the partners share equally the profit and loss arising from the partnership company. According to the Indian Partnership Act, 1932 a partnership can be formed by oral or written agreement called Partnership Deed

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