Mohan, a partner, withdraws ₹ 20,000 on 1st April 2022 and ₹ 40,000 on 1st October 2022. Interest on Drawings @ 6% p.a. on 31st March 2023 will be

Anurag Pathak
April 4, 2023
[CBSE] Fundamentals of Partnership Firm, Accountancy Class 12th

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Anurag Pathak24.26K April 4, 2023 0 Comments

Mohan, a partner, withdraws ₹ 20,000 on 1st April 2022 and ₹ 40,000 on 1st October 2022. Interest on Drawings @ 6% p.a. on 31st March 2023 will be

a) ₹ 2,400

b) ₹ 3,600

c) ₹ 1,800

d) ₹ 1,200

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Anurag Pathak24.26K Posted April 4, 2023 0 Comments

Ans – a)

Explanation:-

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