Himanshu withdrew ₹ 2,500 at the end of each month. The Partnership deed provides

Anurag Pathak
March 25, 2024
[NCERT] Accountancy Class 12, [NCERT] Fundamentals

Anurag Pathak 24.18K March 25, 2024 0 Comments

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]

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Anurag Pathak 24.18K Posted March 25, 2024 0 Comments

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