Accountancy, asked by aniina252525, 11 months ago

Paid quartley interest on borrowed amount of rs 5000 at 12% per anum
Journalise this please

Answers

Answered by pranshuk2072322

1

Answer:

sI=150

Explanation:

P=rs 5000

R=12% P.A

T=QUARTLY =1/4

SI=P×R×T/100 =5000×12×1/4=150

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