If a fixed amount is withdrawn on the last day of every month, for what period the interest on total drawings will be calculated?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Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostIf a fixed amount withdrawn on 15th day of every month, for what period the interest on total Drawings will be calculated? Next PostIf a fixed amount is withdrawn on the first day of every quarter, for what period the interest on total drawings will be calculated.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 State with reason whether the following transactions will increase, decrease or not change the ‘Return on Investment’ Ratio: (i) Purchase of machinery worth Rs. 10,00,000 by issue of equity shares. (ii) Charging depreciation of Rs. 25,000 on machinery. (iii) Redemption of debentures by cheque Rs. 2,00,000. (iv) Conversion of 9% Debentures of Rs. 1,00,000 into equity shares. August 17, 2022 While preparing cash flow statement, will ‘Cash withdrawn from Bank’ result into inflow, outflow or no flow of cash? Give reason in support of your answer. (C.B.S.E. 2020, Punjab) October 6, 2022 X and Y are partners sharing profits in the ratio of 2 : 1. Their Balance Sheet as at 31st March, 2019 was: August 2, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
State with reason whether the following transactions will increase, decrease or not change the ‘Return on Investment’ Ratio: (i) Purchase of machinery worth Rs. 10,00,000 by issue of equity shares. (ii) Charging depreciation of Rs. 25,000 on machinery. (iii) Redemption of debentures by cheque Rs. 2,00,000. (iv) Conversion of 9% Debentures of Rs. 1,00,000 into equity shares. August 17, 2022
While preparing cash flow statement, will ‘Cash withdrawn from Bank’ result into inflow, outflow or no flow of cash? Give reason in support of your answer. (C.B.S.E. 2020, Punjab) October 6, 2022
X and Y are partners sharing profits in the ratio of 2 : 1. Their Balance Sheet as at 31st March, 2019 was: August 2, 2022
