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Is interest on drawings out of …

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Is interest on drawings out of capital, is charged?

    • Posted by Deepanshu Batra 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Kiran Makate 6 years, 10 months ago

    No... It's the additional capital that they had withdrawn during the year and should be charged on it.

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