why no interest on capital is charged in current account balances?
chapter- Partnership fundamental class 12
Answers
Answered by
10
Answer:
No interest will be charged or paid to the partners in respect of balances standing to the debit or credit of their capital account”. ... As per Partnership Act, 1952, the partners can carry on any business jointly and can also act upon in the manner as they deem fit in the inter se relationship between them.
Explanation:
mark me as the brainliest plzz ✌️
#happy yeonjun day ❤️
Similar questions