Where in a partnership firm, the partners are entitled to interest on their capitals, such interest is payable ____

Only out of cash brought in by incoming partner towards goodwill

Only out of profits of the firm

Where in a partnership firm, the partners are entitled to interest on

1.	Where in a partnership firm, the partners are entitled to interest on their capitals, such interest is payable ____
A.	Only out of capital
B.	Only out of cash brought in by incoming partner towards goodwill
C.	Only out of profits of the firm
D.	None of the above
Answer» D. None of the above

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Where in a partnership firm, the partners are entitled to interest on their capitals, such interest is payable ____

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