Interest on Capital is allowed on
Interest on Capital is allowed on
a) the opening capital
b) the capital at the year-end
c) average capital of the year
d) the capital in the middle of the year
Anurag Pathak Changed status to publish April 9, 2023
Ans – a)
Explanation:-
Interest is allowed on the opening capital of the partners.
Anurag Pathak Changed status to publish April 4, 2023
