Sarthaks Test
0 votes
in Accounts by (64.1k points)

A and B are partners sharing profits equally. A drew regularly Rs.4,000 at the end of every month for months ended 30th September, 2013. Calculate interest on drawings @ 5% pa.

1 Answer

0 votes
by (106k points)
selected by
Best answer

Amount of drawings = 4,000

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.