If in a partnership business, the capitals of different partners invested are different for different periods of time, then the profit and loss is distributed amongst the partners according to the capitals invested by them, considering the period of time for which their capitals were invested.

True

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False

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Solution

The correct option is A
True

Yes, It is true. In a Compound partnership business, if the capitals of different partners which are invested, are different for different periods of time, then the profit and loss is distributed amongst the partners according to the capitals invested by them, considering the period of time for which their capitals were invested.

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