If a fixed amount withdrawn on 15th day of every month, for what period the interest on total Drawings will be calculated?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Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostIf a fixed amount is withdrawn on the first day of every month, for what period the interest on total drawings will be calculated? Next PostIf a fixed amount is withdrawn on the last day of every month, for what period the interest on total drawings will be calculated?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 Following are the Balance Sheets of Krish tec Ltd. for the years ended 31st March 2012 and 2011: August 18, 2022 A, B and C were partners sharing profits in the ratio of 5 : 3 : 2. On 31st March, 2019, A’s Capital and B’s Capital were Rs. 30,000 and Rs. 20,000 respectively but C owed Rs. 5,000 to the firm. The liabilities were Rs. 20,000. The assets of the firm realised Rs. 50,000. Prepare Realisation Account, Partner’s Capital Accounts and Bank Account. July 26, 2022 What is the nature of ‘Revaluation Account’? September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Following are the Balance Sheets of Krish tec Ltd. for the years ended 31st March 2012 and 2011: August 18, 2022
A, B and C were partners sharing profits in the ratio of 5 : 3 : 2. On 31st March, 2019, A’s Capital and B’s Capital were Rs. 30,000 and Rs. 20,000 respectively but C owed Rs. 5,000 to the firm. The liabilities were Rs. 20,000. The assets of the firm realised Rs. 50,000. Prepare Realisation Account, Partner’s Capital Accounts and Bank Account. July 26, 2022