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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Fundamentals › If the deed is silent, how are losses shared?

If the deed is silent, how are losses shared?

AEqually among partners
BBy the capital ratio
CBy the drawings ratio
DBy active partners only
Answer & Solution
Correct answer: A. Equally among partners
Both profits and losses follow the equal-sharing default when no ratio is agreed.
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