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Partners in a firm will get Interest on Capital if provided in the partnership deed but only out of which account?

34. Partners in a firm will get Interest on Capital if provided in the partnership deed but only out of which account?

1. Reserves
2. Goodwill
3. Assets
4. Profits

Answer: D) Profits

Explanation:

If provided in the partnership deed the partners of a firm will get Interest on Capital only from the Profit Account.