In The Absence Of Express Agreement Of Interest 6

Indicate the necessary adaptation log and clearly indicate the work notes. Also indicate two values that the company`s partners wanted to convey. As part of the settlement between the partners after the dissolution of the partnership, the following rules must be respected, subject to a possible agreement: If a partner of the partners, in addition to the capital he must invest, advances, the partner has the right to claim interest in it in the amount of 6% per year. While interest on the capital account is no longer being liquidated, interest on advances continues to accrue after dissolution and until the date of payment. It should be noted that the Partnership Act distinguishes between a partner`s capital contribution and the advance it has paid to the company. .