Question

Match List-I with List-II in context of not having partnership deed.

	LIST I		LIST II
(A)	Interest on loan	(I)	Equal
(B)	Interest on drawings	(II)	Will not be charged
(C)	Salary	(III)	@ 6% p.a.
(D)	Profit sharing ratio	(IV)	Will not be allowed/provided

Choose the correct answer from the options given below:

• A. A-IV, B-I, C-III, D - II
• B. A-III, B-IV, C-II, D-I
• C. A-IV, B-III, C-II, D-I
• D. A-III, B-II, C-IV, D-I

Answer 1

The Correct Option is C

The correct option is (C): A-IV, B-III, C-II, D-I