Abbu is the partner of a firm. He withdraws Rs 800 on the first day of each month. The rate of interest on drawings is at 5% per annum and the books are closed on 31st December. Calculate the amount of interest on drawings.
Displaying ads are our only source of revenue. To help Teachoo create more content, and view the ad-free version of Teachooo... please purchase Teachoo Black subscription.
Please login to view more pages. It's free :)
Teachoo gives you a better experience when you're logged in. Please login :)
Solve all your doubts with Teachoo Black!
Teachoo answers all your questions if you are a Black user!
