A and B are two partners in a firm, as per the terms of agreement partners...
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A and B are two partners in a firm, as per the terms of agreement partners drawing will carry interest @10%. If B has drawn funds from the business as per the details given below. Find the interest for the year ending 31.12.08. 1.04.08 Rs. 10,000 1.09.08 Rs. 20,000 A B C D Rs. 2500 Rs. 2750 Rs. 1417 Rs. 2000 A and B are two partners in a firm, as per the terms of agreement partners drawing will carry interest @10%. If B has drawn funds from the business as per the details given below. Find the interest for the year ending 31.12.08. 1.04.08 Rs. 10,000 1.09.08 Rs. 20,000 A B C D Rs. 2500 Rs. 2750 Rs. 1417 Rs. 2000
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Answer Correct option is C ie1417 Rs Interest for the year ending 311208 10... View the full answer
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