Question

Mohit, Rachit and Mayank started a partnership business on 1st April, 2019. Their capital contributions were ₹4,00,000 , ₹3,00,000 and ₹2,00,000 respectively. Their Drawings are ₹50,000, ₹ 40,000 and ₹30,000 respectively. Interest charged on Drawings @ 6 % p.a. Interest on Drawings charged from Mohit will be​

Answer 1

Answer:

rupees 15000

Explanation:

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Answer 2

Answer:

>>Accountancy

>>Accounting for Partnership: Basic Concepts

>>Profit and Loss Appropriation Account

>>X and Y contribute Rs 20,00...