Q. Which of the following is not incorporated in the Partnership Act?
  • (A) profit and loss are to be shared equally
  • (B) no interest is to be charged on capital
  • (C) all drawings are to be charged interest
  • (D) all loans are to be charged interest @6% p.a.
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✅ Correct Answer: (C) all drawings are to be charged interest

💬 Discussion

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