chapter partnership accounts ( basic concepts) plsss anyone solve kamina‼️ nikal hi nhi raha mere se.....nikal do yrr koi ...plsss
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Drawing Periods Product
6000 * 11 66000
3000 * 8 24000
4500 * 6 27000
6000 * 4 24000
4000 * 3 12000
3500 * 0 0
--------------------------------------------
Sum 396000
--------------------------------------------
Now,
Interest on drawings :
= Product * (Rate/100) * (1/12)
= 153000 * (9/100) * (1/12)
= 1147.5
Hope it helps!
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