date description debit credit balance 1/1/2019 opening 20000 20000 10/1/2019 cash withdrawal 25000 5000 15/1/2019 cash...
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date description debit credit balance 1/1/2019 opening 20000 20000 10/1/2019 cash withdrawal 25000 5000 15/1/2019 cash withdrawal 5000 10000 2/2/2019 cash withdrawal 15000 25000 4/3/2019 cash deposit 30000 5000 10/3/2019 cash withdrawal 7000 2000 30-3-2019 blance 2000 alculate the interest for january ,february, march : interset rate is 12% note : fisical year divided into four terms date description debit credit balance 1/1/2019 opening 20000 20000 10/1/2019 cash withdrawal 25000 5000 15/1/2019 cash withdrawal 5000 10000 2/2/2019 cash withdrawal 15000 25000 4/3/2019 cash deposit 30000 5000 10/3/2019 cash withdrawal 7000 2000 30-3-2019 blance 2000 alculate the interest for january ,february, march : interset rate is 12% note : fisical year divided into four terms
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Calculation of Interest for January on daily basis Outstandin g days days difference between Interes ... View the full answer
Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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