Q) X, Y, Z, W are 4:3:2:1 partners. Their drawings are & 50,000; 70,000; 40,000 and 60,000 respectively.
Case (1) IOD is charged @ 7% p.a. instead of 12% p.a.
Can someone explain what will be IOD in each case. My answers are debit
X - 2500
Y- 3500
Y- 2000
W - 3000
But these answers are wrong. Pls explain
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Answer:
I dont know properly sorry
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