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How to rectify interest on cpital …

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How to rectify interest on cpital if it was calculated 10 % in place of 8%?
  • 2 answers

Chandan Kumar Singh 3 years, 8 months ago

you can either debit 2 percent or you can reverse the interest of 10 percent and provide it again at the rate of 8 percent

Akash Akash 5 years, 2 months ago

Debit the 2 % in capital ac
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