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तमिलनाडु बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य कक्षा १२

Santhosh is a partner in a partnership firm. As per the partnership deed, interest on drawings is charged at 6% per annum. During the year ended 31st December, 2018 he withdrew as follows: - Accountancy

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प्रश्न

Santhosh is a partner in a partnership firm. As per the partnership deed, interest on drawings is charged at 6% per annum. During the year ended 31st December, 2018 he withdrew as follows:

Date
February 1 2,000
May 1 10,000
July 1 4,000
October 1 6,000

Calculate the amount of interest on drawings.

योग
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उत्तर

Interest on Drawings = Amount × Rate of Interest × Period

Feb 1 = `2,000 xx 6/100 xx 11/12` = ₹ 110

May 1 = `10,000 xx 6/100 xx 8/12` = ₹ 400

July 1 = `4,000 xx 6/100 xx 6/12` = ₹ 120

Oct 1 = `6,000 xx 6/100 xx 3/12` = ₹ 90

Interest on Drawings = 110 + 400 + 120 + 90 = ₹ 720

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अध्याय 3: Accounts of partnership firms–fundamentals - Exercises [पृष्ठ ११५]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 3 Accounts of partnership firms–fundamentals
Exercises | Q IV 12. | पृष्ठ ११५
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