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A,B and C are three partners in a firm. They close their firm account on 31march every year. C withdrew 50,000rupees on 31mar. interest on drawing is 10% p.a. will any interest on drawing charged on C's drawing?
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A,B and C are three partners in a firm. They close their firm account ...
No because interest is chargeable on time
but this is not possible that any partner can take drawing on 31 march because account is prepare 3 or 4 day before of 31 march
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A,B and C are three partners in a firm. They close their firm account on 31march every year. C withdrew 50,000rupees on 31mar. interest on drawing is 10% p.a. will any interest on drawing charged on C's drawing?
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A,B and C are three partners in a firm. They close their firm account on 31march every year. C withdrew 50,000rupees on 31mar. interest on drawing is 10% p.a. will any interest on drawing charged on C's drawing? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A,B and C are three partners in a firm. They close their firm account on 31march every year. C withdrew 50,000rupees on 31mar. interest on drawing is 10% p.a. will any interest on drawing charged on C's drawing? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A,B and C are three partners in a firm. They close their firm account on 31march every year. C withdrew 50,000rupees on 31mar. interest on drawing is 10% p.a. will any interest on drawing charged on C's drawing?.
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