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If R died 30th June. He …

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If R died 30th June. He withdrew rs 60,000 on may 15th for personal use.IOD 12% per annum.calculate the amount of IOD. Books are closed 31st March every year.

    • Posted by Sakshi Jain 8 years, 1 month ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Priyanka Bansal 8 years, 1 month ago

    12% of 60000 = 7200 7200 x 1.5/12 = 900 So int. On drawings is 900

    1Thank You

    Shashwat Sharma 8 years, 1 month ago

    900

    0Thank You

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