1. In the absence of partnership deed, the partner will be allowed interest on the amount advanced to the firm:

2. Which one is not the feature of partnership?

3. In the absence of partnership deed, interest on capital will be given to the partners at:

4. The interest on partners’ Capital Accounts under fluctuating method is to be credited to:

5. The Interest on partners’ Capital Accounts under fluctuating method is to be credited to:

6. The Current Account of the partners will always have:

7. Interest on partner’s capital is calculated on:

8. Preparation of partnership agreement in writing is :

9. Interest payable on the capital of the partners is recorded in:

10. For the firm, interest on partner’s drawings is a/an :