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Where there is no partnership agreement, any contribution in excess of the agree ...
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 1994
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Where there is no partnership agreement, any contribution in excess of the agree capital attracts
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
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
E
Interest at the per annum
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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