Question

Interest on Capital is allowed on:

a) the opening capital
b) the capital at the year end
c) average capital of the year
d) the capital for the period capital remains invested in the business​

Answer 1

Explanation:

The interest on the capital is allowed to the partners on their opening capital because the maximum tax rate posed on the capital is only around 12%. Explanation: The opening capital is offered to the employees with this interest. This is the maximum interest level and it cannot be changed.

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Answer 2

Answer:

answer is [ A ]

Explanation:

ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘꜱ ᴘʟᴇᴀꜱᴇ ᴍᴀʀᴋ ᴍᴇ ᴀꜱ ʙʀᴀɪɴʟɪᴇꜱᴛ. ᴀɴᴅ ɪꜰ ʏᴏᴜ ɢᴏᴛ ʏᴏᴜʀ ᴀɴꜱᴡᴇʀ ʟɪᴋᴇ ᴍᴇ. ᴀɴᴅ ᴘʟᴇᴀꜱᴇ ʜᴇʟᴘ ᴍᴇ ʙʏ ꜰᴏʟʟᴏᴡɪɴɢ ᴍᴇ ᴀɴᴅ ᴋɴᴏᴡ ᴍᴏʀᴇ ᴀɴꜱᴡᴇʀꜱ.ʜᴀᴠᴇ ᴀ ɴɪᴄᴇ ᴅᴀʏ  

ʏᴏᴜʀꜱ ꜰʀɪᴇɴᴅʟʏ 

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