MCQ Answer

At what rate is interest payable on the amount remaining unpaid to the executor of deceased partner, in absence of any agreement among partners, when (s)he opts for interest and not share of profit.

At what rate is interest payable on the amount remaining unpaid to the executor of deceased partner, in absence of any agreement among partners, when (s)he opts for interest and not share of profit.

Topic : ACCOUNTING MASTERS IN TALLY ERP9

A. 12% p.a.

B. 8%p.a.

C. 6%p.a.

D. 7.5%p.a.




Correct Answer is :

C. 6%p.a.



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