Accountancy, asked by brijesh1571, 1 year ago

why we prepare Average due
dates.

Answers

Answered by Abhi5978

i dunno stuck Chinook

Answered by Sejalmadan21

In the case of drawings, the owners draw the amounts from the business on various dates. They can settle it on one date. When different amounts are due on different dates and ultimately settled on one day the interest is calculated by means of Average Due Date.

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