Question

(
Uroduction)
2.69
11. (Interest on Loan) As per the information provided by Dara and Gala, partners in a firm
in Jammu, they do not have agreement on the Sharing of Profits.
Dara and Gala have advanced loan 90,000 in 2 : 1 ratio on 1st April, 2018 @ 12% pa.
However, on 1 January, 2019 Dara further gave 50,000 to the firm as loan.
You are required to calculate interest on loan for the year.
[Ans. Dara *8.700: Gala 3.600.1​

Answer 1

Answer:

i will tell you later

Explanation:

i will tell you later