Accountancy, asked by Jayant8499, 1 month ago

No interest is to be charged on drawings from the partner in caseof

Answers

Answered by krimipatel6126st

Answer:

Interest on drawings is the interest charged by the firm on the money withdrawn by the partners for their personal purpose. If there is no provision in the partnership deed relating to interest on drawings no interest will be charged by the firm.

Explanation:

I hope it helps you

Previous Question

Next Question

Similar questions

Biology, 24 days ago

Step wise explanation of C4 cycle .. Answer should be correct or else your all answers will get reported ...

Physics, 24 days ago

which one is NOT a basic postulate of Dalton's Alomic Theory?

Computer Science, 24 days ago

Tick (v) the correct statement and cross (x) out the wrong one. (a) Only Microsoft Word files can be sent as an attachment with an email.

Math, 1 month ago

answer the question above ...

English, 1 month ago

Extension activity/Parallel activity/R enforcement:- visit a railway station and listen railway announcement.

Math, 9 months ago

x=4-√15 find x+1/x please give answer of these...

Physics, 9 months ago

Two convex lens of focal length 20cm and 30cm are kept in contact with each other find the power of there contribution...

Social Sciences, 9 months ago

Write a short note on nogodas...