Name the method of calculating interest on Drawings of the Partners if the different amounts are withdrawn on different dates. Post category:Accountancy Reading time:1 mins read SOLUTION Product Method. 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Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostIf a fixed amount is withdrawn on the last day of every quarter, for what period the interest on total drawings will be calculated? Next PostName any two items which are shown on the debit of Profit and Loss Appropriation Account. You Might Also Like Give any two points of distinction between a Share and a Debenture. September 29, 2022 The Directors of M Ltd resolved on 1st May, 2015 that 2,000 Equity Shares of Rs. 10 each, Rs. 7.50 paid be forfeited for non-payment of final call of Rs. 2.50. On 10th June, 2015, 1,800 of these shares were reissued for Rs. 6 per share. Give necessary Journal entries. July 14, 2022 What entry is passed when an asset is given to a Creditor in full settlement of his dues? September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
The Directors of M Ltd resolved on 1st May, 2015 that 2,000 Equity Shares of Rs. 10 each, Rs. 7.50 paid be forfeited for non-payment of final call of Rs. 2.50. On 10th June, 2015, 1,800 of these shares were reissued for Rs. 6 per share. Give necessary Journal entries. July 14, 2022
What entry is passed when an asset is given to a Creditor in full settlement of his dues? September 27, 2022
