Home » Classroom » WAEC Accounting 1994 Question

Where there is no partnership agreement any con... - WAEC Accounting 1994 Question

Where there is no partnership agreement, any contribution in excess of the agree capital attracts

A
no interest at all
B
interest at the rate of 2\(\frac{1}{2}\)% per annum
C
interest at the rate 5% per anuum
D
interest at all
Ask EduPadi AI for a Detailed Answer
Correct Option: C
Please share this, thanks:

#WAEC #WAEC

Add your answer

Notice: Please post responsibly.

No responses