Himanshu withdrew ₹ 2,500 at the end of each month. The Partnership deed provides
Himanshu withdrew ₹ 2,500 at the end of each month. The Partnership deed provides for charging interest on drawings @ 12% p.a. Calculate interest on Himanshu’s drawings for the year ending March 31, 2017.
[Ans: Interest on Drawings ₹ 1,650]
Anurag Pathak Changed status to publish March 25, 2024