Accountancy, asked by mansimarch26141, 9 months ago

Ramesh a partner in the firm has advanced a loan of a rs 100000 to the firm and has demanded on interst@9%per annum .the partnership deed is silent on the matter .how Will you deal with it

Answers

Answered by GarvKothari
0

Explanation:

Interest On Loan Is allowed at @6% Per annum in absence of partnership deed.

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