A is a partner in a firm. During the year ended 31st March, 2024, A’s drawings were:
A is a partner in a firm. During the year ended 31st March, 2024, A’s drawings were:
Interest on drawings is charged @ 10% per annum. Calculate interest on drawings of A for the year ended 31st March, 2024.
[Ans. Interest on Drawings ₹ 221.]
| 1st June | 1,000 |
| 1st August | 750 |
| 1st October | 1,250 |
| 1st December | 500 |
| 1st February | 500 |
Anurag Pathak Answered question May 24, 2024
