12th Class
Accountancy
Fundamentals of Partnership
Question Bank
MCQs - Accounting for Partnership Firm - Fundamentals
question_answer
A and B are partners entered into the partnership on 01.11.2020 without any partnership deed with a capital of Rs.5,00,000 each. On 01.12.2020 Mrs. A advance Rs.2,00,000 by way of loan to the firm @ 9% p.a. Interest on Mrs. A loan on 31st March 2021 will be: