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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Fundamentals › Can an active partner claim a salary when the de…

Can an active partner claim a salary when the deed says nothing on it?

AYes, a reasonable salary
BYes, 10% of the profit
CYes, a small commission
DNo, unless deed provides
Answer & Solution
Correct answer: D. No, unless deed provides
No partner is entitled to remuneration for conducting the business unless the deed allows it.
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