Product method can be used in all situations as an alternative to ____________

Period of interest refers to the period from the date of drawings to the closing date of the __________

Interest on capital is to be calculated on the capitals at the beginning for the ____________

The rate of interest on capital is generally agreed by the partners and is mentioned in the _________

All the transactions between the partner and the firm are recorded in the _________

Which of the following method, the capital of the partners is not altered and it remains generally fixed?

Amount invested by partners in the partnership business is called __________

Capital account balance of the sole proprietor alone as shown in the balance sheet of ________

The balance in the appropriation account is transferred to the partner's capital account in the ________

Profit after interest on drawings, interest on capital and remuneration is Rs. 10,500. Geetha, a partner, is entitled to receive commission @ 5% on profits after charging such commission. Find out commission.

In the absence of an agreement, partners are entitled to 

Which of the following is the incorrect pair?

As per the Indian Partnership Act, 1932, the rate of interest allowed on loans advanced by partners is

In the absence of an agreement among the partners, interest on capital is

In the absence of a partnership deed, profits of the firm will be shared by the partners in