[NCERT] Q 21 Accounting for Partnership Basic Concepts Solutions Class 12 (2022-23)

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Solution of Question number 21 of Accounting for Partnership Basic Concepts NCERT Accountancy solution Class 12 CBSE Board 2022-23 Session?

Himanshu withdrew ₹ 2,500 at the end of each month. The Partnership deed provides for charging interest on drawings @ 12% p.a. Calculate interest on Himanshu’s drawings for the year ending March 31, 2017.

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[Ans: Interest on Drawings ₹ 1,650]

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Solution:-

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Anurag Pathak
Anurag Pathak

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