Accountancy, asked by nitya5804, 6 months ago

Maruti and Patil are partners in a firm sharing profits and losses in the ratio of 3 is to 2 Maruti withdrawn rupees 4000 quarterly at the beginning of each quarter calculate the interest on drawings at 9% per annum for the year ending 31st March 2017 under product method

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Answered by mdkazisefat961
1

Explanation:

Maruti and Patil are partners in a firm sharing profits and losses in the ratio of 3 is to 2 Maruti withdrawn rupees 4000 quarterly at the beginning of each quarter calculate the interest on drawings at 9% per annum for the year ending 31st March 2017 under product method

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