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Give names of the methods used to calculate interest on drawings. - Accounts

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प्रश्न

Give names of the methods used to calculate interest on drawings.

अति संक्षिप्त उत्तर
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उत्तर

The two main methods used to calculate interest on drawings are:

  • Fixed amount method
  • Average period method
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पाठ 1: Accounting for Partnership Firms - Fundamentals - SHORT ANSWER QUESTIONS [पृष्ठ १.१३१]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 1 Accounting for Partnership Firms - Fundamentals
SHORT ANSWER QUESTIONS | Q 44. ii. | पृष्ठ १.१३१
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