In the absence of partnership agreement, profits and loss...
In the absence of partnership agreement, profits and losses are shared
In the ratio of capitals
Equally
In the ratio of drawings
According to services rendered
Correct answer is B
No explanation has been provided for this answer.
\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of raw materials} & 8,000\\ \text{Pur...
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