Accountancy, asked by blackagentcrew, 1 year ago

please answer fast............
A partner withdraws for personal use the following amounts on different dates:
i. Rs 3,000 - February 29, 2016
ii. Rs 3,800 - April 30, 2016
iii. Rs 4,200 - June 1, 2016
iv. Rs 3,000 - September 1, 2016
v. Rs 4,000 - November 1 ,2016
Calculate interest on drawings at 3% p.a. up to December 31 ,2016


Vickypanjiyar: ( :
blackagentcrew: please answer if you know
Vickypanjiyar: i ll do it tomorrow surely
Vickypanjiyar: that's y i followed this question
blackagentcrew: but i want it right now
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Vickypanjiyar: sorry then... i can't do it ri8 now.. it's 10 :32
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Answers

Answered by Vickypanjiyar
1
Calculation of Interest on drawing...

1st case:- Amount of Drawing:- 3000
Duration: _ March 1 to Dec. 31= 10 Months
Interest on drawing= 3000× 3/100× 10/12= 50

Follow this steps with all.

blackagentcrew: thanxx yaar
Vickypanjiyar: koi nhi
blackagentcrew: but tumhe nhi lgta ki iska answer 75 hae
Vickypanjiyar: multiply kr lena yrr
Vickypanjiyar: wo mene nhi kiya shi se....hehe
blackagentcrew: can you please calculate your answer again?
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blackagentcrew: sorry, i don't know this
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