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drawings are made on 15 September …

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drawings are made on 15 September and only this line is given how will interest be charged

    • Posted by Zakariya Zakariya 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Sakshi Jain 6 years, 10 months ago

    There is no information about charging intrest on drawing so according to partnership act if there is no information is given about intrest on drawing then we can't charge it....

    0Thank You

    Tanisha Garg 6 years, 10 months ago

    If Interest rate is nit given then no interest will be charged

    1Thank You

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