Accountancy, asked by prajwaltp9, 6 months ago

Tani, Pooja and Ansh were partners in a firm sharing profits and losses in the ratio of 3:2:1. During the year ended 31st March, 2018 Tani had withdrawn Rs. 7000 at the end of every quarter. Interest on her drawing was charged @ 12% p.a. Pass necessary journal entry for charging interest on drawing assuming that the partner’s capital were fixed.

Answers

Answered by kram76492

4

Answer:

Tani's current a/c ...dr. 1260

To interest on drawing. 1260

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