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4161875)A and B are partners from 1st April, 2017 without any partnership agreement andthey bring capital of 3,500 and 2,000 respectively. On 31st Oct., 2017, Aadvances * 750 by way of loan to the firm without any agreement as to interest.The profit and loss account for the year discloses a profit of 1,350-75 but thepartners can not agree upon the question of interest and division of profit.You are required to divide the profit between them giving reasons for your method. |
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Answer» Answer: An idiom is a PHRASE or EXPRESSION that TYPICALLY presents a figurative, non-LITERAL meaning attached to the phrase; but some phrases become figurative idioms while retaining the literal meaning of the phrase. Categorized as formulaic LANGUAGE, an idiom's figurative meaning is different from the literal meaning. |
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