[CBSE] Q. 46 Solution of Fundamentals of Partnership Firms TS Grewal Book (2024-25)

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Solution of Question number 46 of the Fundamentals of partnership firm chapter TS Grewal Book CBSE 2024-25 Edition.

A, B, and C are partners. During the year ended 31st March 2023, each of the partners withdrew ₹ 10,000 regularly. A withdrew in the beginning of the first 6 months of the year, B withdrew in the middle of the month for the first 6 months of the year and C withdrew at the end of the month for the first 6 months.

Calculate interest on drawings @ 6% p.a. for the year ended 31st March 2023.

[Ans.: Interest on Drawings: A – ₹ 2,850; B – ₹ 2,700 and C – ₹ 2,550]

Solution:-

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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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