If a fixed amount withdrawn on 15th day of every month, for what period the interest on total Drawings will be calculated? Post category:Accountancy Reading time:1 mins read SOLUTION 6 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Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostIf a fixed amount is withdrawn on the first day of every month, for what period the interest on total drawings will be calculated? Next PostIf a fixed amount is withdrawn on the last day of every month, for what period the interest on total drawings will be calculated? You Might Also Like Book Value of assets (other than cash and bank) transferred to Realisation Account is Rs. 1,00,000. 50% of the assets are taken over by a partner Atul, at a discount of 20%; 40% of the remaining assets are sold at a profit of 30% on cost; 5% of the balance being obsolete, realised nothing and remaining assets are handed over to a Creditor, in full settlement of his claim. You are required to record the Journal entries for realisation of assets. July 25, 2022 Give the accounting entry for an unrecorded liability in case of reconstitution of partnership firm. September 26, 2022 Joy Ltd. company bought a Building for Rs. 9,00,000 and the consideration was paid by issuing 10% Debentures of the normal (face) value of Rs. 100 each at a discount of 10%. Give Journal entries. July 16, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Book Value of assets (other than cash and bank) transferred to Realisation Account is Rs. 1,00,000. 50% of the assets are taken over by a partner Atul, at a discount of 20%; 40% of the remaining assets are sold at a profit of 30% on cost; 5% of the balance being obsolete, realised nothing and remaining assets are handed over to a Creditor, in full settlement of his claim. You are required to record the Journal entries for realisation of assets. July 25, 2022
Give the accounting entry for an unrecorded liability in case of reconstitution of partnership firm. September 26, 2022
Joy Ltd. company bought a Building for Rs. 9,00,000 and the consideration was paid by issuing 10% Debentures of the normal (face) value of Rs. 100 each at a discount of 10%. Give Journal entries. July 16, 2022
