Question

M, H and A are partners in a firm sharing profits and losses equally. H and A withdrew the following amounts from the firm, for their personal use during 2018-2019. Date 2018 April, 01 July, 01 December, 01 March, 01, 2019 H(*) A( mathbb F ) 5,000 8,000 5,000 4,000 7,000 4,000 5,000 10,000 Calculate interest on drawings if the rate of interest to be charged is 10 per cent, and the books are closed on March 31 every year.​

Answer 1

Answer:

I think your question is wrong