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Practice question

Question

Moin and Azam are partners in a firm with capital ₹ 20,000 and ₹ 40,000 respectively. Profit for FY 21 are ₹ 60,000 . Who will get how much share?

Options

Choose one · Correct answer highlighted

Explanation

None of these partnership correct; deed provisions interest capital drawings as per Act.

Discussion

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