Question 0

In the absence of a partnership deed, the act stipulates that____________

  • A.An amount should be fixed as salaries for partners
  • B.Profits and losses should not be shared equally
  • C.Interest on partner’s loan should be 25%
  • D.Interest should not be allowed on partners drawings
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
2018
Question no.
#0
Type
Objective

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