Pick the odd one out.
A. Partners share profits and losses equally
B. Interest on partners capital is allowed at 7% P.a
C. No salary or remuneration is allowed
D. Interest an loan from partners is allowed at 6% P.a
Answer:B
Pick the odd one out.
A. Partners share profits and losses equally B. Interest on partners capital is allowed at 7% P.a C. No salary or remuneration is allowed D. Interest an loan from partners is allowed at 6% P.a