Accountancy, asked by Anjalirawat25, 9 months ago

on March 31 2016 after the close of accounts are the capitals of mountains or hill and rock stored in the books of the firm at rupees 400003 lakh and 2 lakh respectively subsequently it was discovered that the interest on capital @ 10% per annum has been omitted the profit for the year amounted to rupees 150000 and the partners drawings had been mountain rupees 20000 hil 15000 and rock rupees 10000 calculate interest on capital

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Answered by tnya
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