[ISC] Q. 33 Solution of Fundamentals of Partnership Firms TS Grewal Book (2024-25)

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Solution of Question number 33 of the Fundamentals of Partnership Accounts (Firm) chapter TS Grewal Book 2024-25 Edition ISC Board.

Veeru and Jai are partners sharing profits equally. Veeru drew regularly ₹ 4,000 in the beginning of every month for six months ended 30th September 2022. Calculate the interest on drawings @ 5% p.a. for the year ended 31st March 2024.

Solution:-

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