12th Class
Accountancy
Fundamentals of Partnership
Question Bank
MCQs - Accounting for Partnership Firm - Fundamentals
question_answer
Calculate interest on capital of Mr. Rishi @ 8% p.a. as on 31.03.2021. His Fixed capital balance as on 31.03.2021 is Rs.5,00,000 Additional capital introduced on 01.07.2020 is Rs.1,00,000 Drawing against profit on 01.10.2020 is Rs.60,000