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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 3 · Set 2 · Q3
Persons who have entered into partnership with one another are collectively called:
Persons who have entered into partnership with one another are collectively called :
In the absence of partnership deed, partners are entitled to :
Official answer
(a) → (A)
(b) → (C)
Marking-scheme solution
(A)
Firm
OR
Q. In the absence of partnership deed……
Ans. (C) Interest @ $\displaystyle 6$% p.a. on loans/advances by them to the firm
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CBSE Class 12 Accountancy past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.