[ISC] Q. 23 solution of Fundamentals of Partnership Firms TS Grewal Book ISC 2023-24 Edition

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Solution of Question number 23 of the Fundamentals of Partnership Accounts (Firm) chapter TS Grewal Book 2023-24 Edition ISC Board.

Prem and Priya, two partners draw for their personal use ₹ 60,000 and ₹ 40,000 respectively. Interest is chargeable @ 6% p.a. on the drawings. Determine the amount of interest chargeable from each partner.

Solution:-

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