If a fixed amount is withdrawn on the first day of every month, for what period the interest on total drawings will be calculated? Post category:Accountancy Reading time:1 mins read SOLUTION 6.5 months. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhy does the Fixed Capital Account of partners show credit balance even when the firm suffers losses year after year? (C.B.S.E. 2020, Mumbai, Chennai) Next PostIf a fixed amount withdrawn on 15th day of every month, for what period the interest on total Drawings will be calculated? You Might Also Like What is the difference between ‘Operating Profit’ and ‘Net Profit’? October 3, 2022 Gupta and Sharma were partners in a firm. They wanted to admit two more members in the firm. list the categories of individual other than minors who cannot be admitted by them. September 23, 2022 Raj, Ram and Ramesh are partners sharing profits and losses in the ratio of 5: 3: 2. They admit Suresh into partnership and give him 1 / 5th share of profits. Find the new profit-sharing ratio. October 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Gupta and Sharma were partners in a firm. They wanted to admit two more members in the firm. list the categories of individual other than minors who cannot be admitted by them. September 23, 2022
Raj, Ram and Ramesh are partners sharing profits and losses in the ratio of 5: 3: 2. They admit Suresh into partnership and give him 1 / 5th share of profits. Find the new profit-sharing ratio. October 28, 2022