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

  • question_answer
    Calculate interest on drawings of Mr. B @ 9% p.a. on 31st March 2021. If A & B has started a business on 1st July 2020 and During the Last 7 months Mr. B withdrew Rs.1000 at the Beginning of each month.

    A) 158      

    B) 210 

    C) 263

    D) None of these

    Correct Answer: B

    Solution :

    210


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