Accountancy, asked by brai83920, 9 months ago

if the date of withdrawal is not given interest on total drawing for the year is calculated for six month on the average basis​

Answers

Answered by ItsRitam07
0

Answer:

If the specific date of withdrawal isn't given then it is supposed that partner withdrawn the money on the middle of the year or he/she withdrawn the money on the middle of the every month.

You have to calculate interest for 6 months in both scenario. I hope it helps :)

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