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12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm - Fundamentals

  • question_answer
    David drew an equal amount regularly at the end of every month for last 6 months. Interest on his drawings was calculated on 31st March 2021 Rs.500 (5% p.a.) Total Drawings of David:

    A) 24,000

    B) 48,000

    C) 40,000

    D) 50,000

    Correct Answer: B

    Solution :

    48,000


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