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Solution:- Here is the solution of it. Video Solution Link Watch Video Solution of this Question Click Here a) If any partner uses the money of the firm and earned a profit. He has to pay back the used money…

Solution:- Video Solution Link Video Solution of the given question  Click Here a) In the absence of a partnership deed. provisions of the Indian Partnership Act 1932 would apply. no interest on the partner’s capital would be allowed. Ramesh and…

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