हिंदी

State Whether the following Statement is True or False: Amit, a partner in a partnership firm withdrew ₹ 7,000 in the beginning of each quarter. Interest on drawings will be charged for 4.5 months.

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प्रश्न

State Whether the following Statement is True or False:

Amit, a partner in a partnership firm withdrew ₹ 7,000 in the beginning of each quarter. Interest on drawings will be charged for 4.5 months.

सत्य या असत्य
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उत्तर

The statement is false.

Explanation:

When a partner withdraws a fixed amount in the beginning of each quarter, interest on drawings is calculated for an average period of 7.5 months, not 4.5 months.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Admission of a Partner - OBJECTIVE TYPE QUESTIONS [पृष्ठ ३.१८५]

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डी. के. गोएल Accountancy Part A Volume 1 and 2 [English] Class 12
अध्याय 3 Admission of a Partner
OBJECTIVE TYPE QUESTIONS | Q (B) 20. | पृष्ठ ३.१८५
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