If a fixed amount is withdrawn on the last day of every month, for what period the interest on total drawings will be calculated? Post category:Accountancy Reading time:1 mins read SOLUTION 5.5 months. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostIf a fixed amount withdrawn on 15th day of every month, for what period the interest on total Drawings will be calculated? Next PostIf a fixed amount is withdrawn on the first day of every quarter, for what period the interest on total drawings will be calculated. (C.B.S.E. Sample Paper 2019) You Might Also Like X, Y and Z are partners sharing profits and losses in the ratio of 5: 3: 2. From 1st April, 2022, they decided to share profits and losses equally. The Partnership Deed provides that in the event of any change in the profit-sharing ratio, the goodwill should be valued at two years’ purchase of the average profit of the preceding five years. The profits and losses of the preceding years ended 31st March, are: October 18, 2022 Why would an investor prefer to invest in the Debentures of a Company rather than in its Shares? September 29, 2022 Pass Journal entries for the following: (a) Realisation expenses of Rs. 15,000 were to be met by Rahul, a partner, but were paid by the firm.(b) Ramesh, a partner, was paid remuneration of Rs. 25,000 and he was to meet all expenses. (c) Anuj, a partner, was paid remuneration of Rs. 20,000 and he was to meet all expenses. Firm paid an expense of Rs. 5,000. July 25, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
X, Y and Z are partners sharing profits and losses in the ratio of 5: 3: 2. From 1st April, 2022, they decided to share profits and losses equally. The Partnership Deed provides that in the event of any change in the profit-sharing ratio, the goodwill should be valued at two years’ purchase of the average profit of the preceding five years. The profits and losses of the preceding years ended 31st March, are: October 18, 2022
Why would an investor prefer to invest in the Debentures of a Company rather than in its Shares? September 29, 2022
Pass Journal entries for the following: (a) Realisation expenses of Rs. 15,000 were to be met by Rahul, a partner, but were paid by the firm.(b) Ramesh, a partner, was paid remuneration of Rs. 25,000 and he was to meet all expenses. (c) Anuj, a partner, was paid remuneration of Rs. 20,000 and he was to meet all expenses. Firm paid an expense of Rs. 5,000. July 25, 2022
