12th Class Accountancy Sample Paper Accountancy - Sample Paper-7

  • question_answer
    How would you calculate interest on drawings on unequal amounts drawn at unequal monthly intervals?

    Answer:

    Interest on Drawings =\[\text{Total}\,\text{Product}\times \frac{Rate}{100}\times \frac{1}{12}\]


You need to login to perform this action.
You will be redirected in 3 sec spinner