Accountancy, asked by sahilkhan937, 3 months ago

(g) Charge interest on drawings 300.​

Answers

Answered by dharmenderbajaj83
0

Drawings are made in the begnning of each period (halfyear) interest on drawing = Amount x Rate/100 x 9/12. Drawings are made in the middle of each period (half year) interes on drawing = Amount x Rate/100 x 6/12. Drawings are made at the end of each period (half year) interest on drawing = Amount x Rate/100 x 3/12.Jun 6, 2017

Answered by Ijazulhassan
0

Explanation:

Drawings are made in the begnning of each period (halfyear) interest on drawing = Amount x Rate/100 x 9/12. Drawings are made in the middle of each period (half year) interes on drawing = Amount x Rate/100 x 6/12. Drawings are made at the end of each period (half year) interest on drawing = Amount x

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