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If a partner has a capital …

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If a partner has a capital of ₹100000 and his drawings against capital is ₹10000 . Then what will be the interest on capial given to him and what will be the interset on drawing charged on him?? #GIVE ANSWER!

Posted by Mr. Nd Stranger 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Riya Sharma 5 years, 2 months ago

Int on drawing is not charged as int is charged on drawings against profit And for int on capital u have not given the rate at which int is to be paid So considering it be x percent Int on capital= 90000*x/100

ANSWER

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