Q. Where a partner is entitled to interest on the capital subscribed such interest shall be payable. (Solved)
1. Only out of profits
2. Out of capital in case of loss
3. Out of borrowings
4. Out of sale of partnership assets
- a. Only out of profits
1. Only out of profits
2. Out of capital in case of loss
3. Out of borrowings
4. Out of sale of partnership assets