![Rules Applicable in Absence of Partnership Deed [CBSE Accountancy Class XII ]](https://i.ytimg.com/vi/Y83bp8biCSs/sddefault.jpg "Rules Applicable in Absence of Partnership Deed [CBSE Accountancy Class XII ]")
-Profit sharing ratio will be equal -No interest on capital
-No salary/commission to partners
-6 percent interest on loan from partners
Rules Applicable in Absence of Partnership Deed [CBSE Accountancy Class XII ]
-Profit sharing ratio will be equal -No interest on capital
-No salary/commission to partners
-6 percent interest on loan from partners
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