The product method is used for the calculation of
The product method is used for the calculation of
a) Distribution of Profit and Loss
b) Distribution of Revaluation Profit and loss
c) Interest on Drawings
d) Interest on Capital
Anurag Pathak Changed status to publish April 9, 2023
Ans – c)
Explanation:-
Product Method is one of the way to calculate interest on partner’s drawings.
Anurag Pathak Changed status to publish April 4, 2023
