Question

X and Y care partners in a firm. They share
Profit in the ratio of 2:1. As for the Partnership deed,
interest on drawing is to be charged
@9% Their drawing, during 2018 were 30.000
© 20,000 respectively. Calculate interest
on drawing​

Answer 1

Answer:

X ==30000×9/100×6/12==1350

Y ==. 20000×9/100×6/12 ==900

Explanation:

as date of drawing is not given we will charge interest for 6 months