#anitamalhotra #anitamam #tsgrewal qno 37, 38 & 40
Q no 37
Ram and Mohan, two partners, drew for their personal use 1,20,000 and ₹ 80,000. Interest is chargeable 6% p.a. on the drawings. What is the amount of interest chargeable from each partner?
#Q no 38
Brij and Mohan are partners in a firm. They withdrew ₹48,000 and ₹ 36,000 respectively during the year evenly in the middle of every month. According to the Partnership Deed, interest on drawings is to be charged @ 10% р.а.
Calculate interest on drawings of the partners using the appropriate formula.
#Q no 40
One of the partners in a partnership firm has withdrawn ₹9,000 at the end of each quarter, throughout the year. Calculate interest on drawings at the rate of 6% per annum.
Негізгі бет Accounting for partnership firms- fundamentals (Part-22) tsgrewal q no 37,38 & 40
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