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Question 35

In which of the following is not stated in the partnership agreement?

  • A.Profit sharing ratio
  • B.Interest on capital
  • C.Interest on fixed asset
  • D.Purpose of partnership
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2015
Question no.
#35
Type
Objective
Previous · Q34Goodwill is recognized in partnership accounts when Next · Q36 In which of the following accounts is interest on partners capital found?

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