Accountancy, asked by rinky8devi, 1 month ago

give the complete solution of this question.
my answer is comming 300
please any student solve it please​

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Answers

Answered by meetdchaudhari2006
1

Explanation:

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Answered by βαbγGυrl
1

Answer:

Interest on drawing = Total drawings x rate of interest x average period/12

                                = 1,000 x 12 x 5/100 x 5.5/12 (\sf{WN_1})

                                = 12,000 x 5% x 5.5/12

                                = RS-275.

Working note:-

Average period = Beginning period of use + end period of use/2

= 11 + 0/2

                         = 5.5

                           

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