Accountancy, asked by vishalkumardas, 11 months ago

give the journal by calculating interest on capital for 1500000@6%

Answers

Answered by lekhanareddy30

0

Answer:

Intrest on capital =1500000*6/100

=90,000

Journal entry

Intrest on capital a/c dr 90,000

To

Partners a/c 90,000

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