Question

every month throughout
15. X and Y were partners in a firm. The partnership agreement provided that interest on drawings was to
be charged 12% per annum. X had withdrawn the following amounts during the year ended 31.3.20
on 1.4.19
720,000
on 30.6.19
32,000
on 1.9.19
40,000
on 31.3.20
8,000
Calculate Interest on X's Drawings.
firm sharing profits equally. Bhaskar withdrew ? 1,000
per
month​

Answer 1

Answer:

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Explanation:

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