pls explain how to calculate interest on drawing when fixed amount is withdrawn half yearly through formula i don't wanted to learn the formula
Dear Student,
This topic has been explicitly covered in our study material and is accessible to all our students. Follow the path provided below:
Select the subject (Accountancy) --> on the green board click Study --> Study Material --> Ch-1 Accounting for partnership - Basic Concepts --> Interest on Partner's Drawings
For further doubts, do get back to us.
Keep posting!!
This topic has been explicitly covered in our study material and is accessible to all our students. Follow the path provided below:
Select the subject (Accountancy) --> on the green board click Study --> Study Material --> Ch-1 Accounting for partnership - Basic Concepts --> Interest on Partner's Drawings
For further doubts, do get back to us.
Keep posting!!