Accountancy, asked by archikakesharwani05, 4 months ago

if a parten withdrawal equal amt at the of the each quater than how many months are to be considered for interest on drawing ​

Answers

Answered by Anonymous
2

Explanation:

Interest on drawings should be calculated from the date of the withdrawal of the amount. In case the date of the withdrawal is not given, interest should be charged for six months on the total amount, because it is assumed that the drawings were made evenly throughout the year.

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