Accountancy, asked by jatinder08virk, 6 months ago

Q2. X, a partner of a firm, advanced 25 000 to the firm. There is no agreement about rate of interest on advances from a partner. At what rate, interest is payable to X?

Answers

Answered by ananditanunes65
0

Answer:

6%

When there is no agreement between partners interest taken or given to partners should be 6%.

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