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Commerce · Q2185

Accounting

Graduate and Post Graduate · Commerce · question 2185

Q2185

A and B are partners in a firm. They are entitled to interest on their capitals, but the net profit was not sufficient for interest. In this case, the net profit will be distributed among partners in

A.
Agreed ratio
B.
Profit-sharing ratio
C.
Capital ratio
Answer
D.
Equally

Answer: Option C

Solution

Answer: Option C
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