In this question what will be the amount of interest on drawings of both the partners - Accountancy - Accounting for Partnership Basic Concepts

Question

In this question what will be the amount of interest on drawings of
both the partners

Komal Rani · Accepted Answer

Dear Student
Interest on Reema 's Drawings = 60000*10%*6/12 = 3000
Interest on Seema 's Drawings = 60000*10%*6/12 = 3000

As the duration of drawings is not given the same will be collected
on an average basis

Regards