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Do we calculate interest on drawing …

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Do we calculate interest on drawing when a partnership firm is showing losses in the books of accounts since last 3 years ?

    • Posted by Ankit Yadav 7 years, 5 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Yas S 7 years, 5 months ago

    No, IOD is an appropriation of profit not charge against profit

    1Thank You

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    • Posted by Srishti Arya 8 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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