If a fixed amount is withdrawn on the last day of every month, for what period the interest on total drawings will be calculated? Post category:Accountancy Reading time:1 mins read SOLUTION 5.5 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Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostIf a fixed amount withdrawn on 15th day of every month, for what period the interest on total Drawings will be calculated? Next PostIf a fixed amount is withdrawn on the first day of every quarter, for what period the interest on total drawings will be calculated. (C.B.S.E. Sample Paper 2019) You Might Also Like X, Y and Z are sharing profits and losses in the ratio of 5 : 3 : 2. With effect from 1st April, 2019, they decide to share profits and losses equally. Calculate each partner’s gain or sacrifice due to the change in ratio. July 27, 2022 What is the nature of ‘Revaluation Account’? September 26, 2022 List any two circumstances under which the fixed capital of partners may change. September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
X, Y and Z are sharing profits and losses in the ratio of 5 : 3 : 2. With effect from 1st April, 2019, they decide to share profits and losses equally. Calculate each partner’s gain or sacrifice due to the change in ratio. July 27, 2022
