Rama and Soma are partners sharing profits in the ratio of 3:2 Rama drew Rs 1500 regularly in the beginning of every month and Soma draw Rs 1000 at the end of every month. calculate interest on Partners drawings at 9% per annum for the year ending 31st March 2018 under average period method or short cut method.
Answers
Answered by
2
charged at 15%
drawing drawing charged in 15%
average period is 5 1/2
Similar questions