Accountancy, asked by rohitbaisane66, 8 months ago

what is interest on loan'
given by partner for firm______

Answers

Answered by adarshmb6344

0

it is a love the interest on loan given by partner to promise the first answer

Answered by singhjaspal8456

17

Answer:

Interest On Partners Loan. Interest on partners loan: It is a charge against profits. It is provided irrespective of profits or loss. It will also be provided in the absence of Partnership Deed @ 6% per annum.

Explanation:

hope it will help you.....

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