Q724
Match the following: List-I List-II a. Interest on partner's capital is chargeable to the extent of available . . . . . . . . 1. competing b. The amount due to the retiring partner can be made by . . . . . . . . payment method. 2. mutual c. A partner must not carry on a . . . . . . . . business. 3. profit d. Partners are . . . . . . . . for each other. 4. lumpsum
Match the following:
| List-I | List-II |
| a. Interest on partner's capital is chargeable to the extent of available . . . . . . . . | 1. competing |
| b. The amount due to the retiring partner can be made by . . . . . . . . payment method. | 2. mutual |
| c. A partner must not carry on a . . . . . . . . business. | 3. profit |
| d. Partners are . . . . . . . . for each other. | 4. lumpsum |
A.
a-4, b-3, c-1, d-2
B.
a-3, b-4, c-1, d-2
AnswerC.
a-3, b-4, c-2, d-1
D.
a-4, b-3, c-2, d-1
Answer: Option B
Solution
Answer: Option B
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