Amar and Nimrat are partners in a firm, Amar withdraws ₹ 5,000 in the beginning of the month starting from 1st April, 2023 for 6 months
Amar and Nimrat are partners in a firm, Amar withdraws ₹ 5,000 in the beginning of the month starting from 1st April, 2023 for 6 months and Nimrat withdraws ₹ 5,000 per month at the end of the month starting April, 2023. Calculate interest on drawings @ 8% p.a. for a period of 6 months ended 30th September, 2023.
Anurag Pathak Changed status to publish April 23, 2024