[CBSE] Q. 43 solution of Fundamentals of Partnership Firms TS Grewal Book 2022-23 Edition
Are you looking for the solution of Question number 43 of the Fundamentals of partnership firm chapter TS Grewal Book CBSE 2022-23 Edition?
Question number 43 of Accounting for Partnership Firms – Fundamentals is a theoretical one.
Solution of Question number 43 of Accounting for Partnership Firms – Fundamentals TS Grewal Book CBSE 2022-23 Edition
Q. 43
Calculate the amount of Manan’s monthly drawings for the year ended 31st March 2022, in the following alternative cases when the partnership Deed allows interest on drawings @ 10% p.a.:
i) If interest on drawings is ₹ 1,950 and he withdrew a fixed amount in the beginning of each month.
ii) If interest on drawings is ₹ 2,400 and he withdrew a fixed amount in the middle of each month.
iii) If interest on drawings is ₹ 2,750 and he withdrew a fixed amount at the end of each month.
{ Ans:- i) ₹ 3,000, ii) ₹ 4,000, iii) ₹ 5,000 }
Solution:-
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