U Ul Dadlice Sheet 7,61,900.] 6.2. Girish and Satish are partners in a firm. Their Capitals on April 1, 2018 were 55,60,000 and 34,75,000 respectively. On August 1, 2018 they decided that their Capitals should be 35,00,000 each. The necessary adjustment in the Capitals were made by introducing or withdrawing cash. Interest on Capital is allowed at 6% You are required to compute interest on Capital for the year ending March 31, 2019. p.a.
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