[ISC] Q. 35 Solution of Fundamentals of Partnership Firms TS Grewal Book (2024-25)

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Solution of Question number 35 of the Fundamentals of Partnership Accounts (Firm) chapter TS Grewal Book 2024-25 Edition ISC Board.

A partner draws ₹ 2,500 per month. As per the Partnership Deed, interest is to be charged @ 6% p.a. What is the interest that would be charged to the partner if the drawings are made:

i) In the beginning of the month

ii) In the middle of the month

iii) at the end of the month

Solution:-

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Anurag Pathak

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