[ISC] Q. 34 Solution of Fundamentals of Partnership Firms TS Grewal Book (2024-25)

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Solution of Question number 34 of the Fundamentals of Partnership Accounts (Firm) chapter TS Grewal Book 2024-25 Edition ISC Board.

Ram and Shyam are partners sharing profits equally. Ram drew regularly ₹ 4,000 at the end of every month starting from 31st October 2022 for six months ending 31st March 2024. Calculate the interest on drawings @ 5% p.a.

Solution:-

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