[CBSE] Q. 23 DK Goel Fundamentals of Partnership [2026-27]
Solution of Question Number 23 of the Fundamentals of partnership firm DK Goel CBSE Board (2026-27)
As per partnership deed, interest on drawings is to be charged @ 7% p.a. Sohan, a partner of the firm withdrew the following amounts during the year ended 31st March, 2025.
| Date | Amount |
| 6th August 2024 | 12,000 |
| 22nd November 2024 | 10,000 |
| 14th January 2025 | 18,000 |
| 10th March 2025 | 27,000 |
Calculate the amount of interest on Sohan’s drawings and pass necessary Journal Entries for the same.
[Ans. Interest on Drawings 1,177.]
Solution:-
