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Calculate interest on drawings, if owner …

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Calculate interest on drawings, if owner withdrew the following amounts as follows Jan.31 Rs. 6,000, Mar.31 Rs.4,000, July 1 Rs.8,000, Sep. 30 Rs.3,000, 1 Nov, Rs.5,000. Accounts are closed on 31st December every year and rate of interest on drawings is 10% p.a. a. *1,418.33 b. 1,408.33 c 1,418.93 d. 1,408.93

Posted by Piyush Soni 3 years ago

CBSE > Class 12 > Accountancy

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