Business Studies, asked by jppa, 11 months ago

journalise the following transaction in the books of Anil vastralaya charge interest on capital @ 10% per annum on rupees 120000

Answers

Answered by manu1625

Explanation:

interest on capital A/c 12000

to capital a/c 12000

Answered by kushalsantwani

Answer:

Interest on capital A/c. Dr.

To capital A/c.

(Being interest on capital charged )

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