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प्रश्न
Chhavi and Neha were partners in a firm sharing profits and losses equally. Chhavi withdrew a fixed amount of ₹ 6,000 at the beginning of each quarter. Interest on drawings is charged @ 6% p.a.
Pass the necessary journal entry for charging interest on drawings at the end of the year.
रोजनामा प्रविष्टि
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उत्तर
| Journal Entry | ||||
| Date | Particulars | L.F. | Debit (₹) | Credit (₹) |
| Chhavi’s Capital A/c ...Dr. | 900 | - | ||
| To Interest on Drawings A/c | - | 900 | ||
| (Being interest on drawings charged.) | ||||
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