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Give one reason why partners are charged interest on drawings. - Accounts

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प्रश्न

Give one reason why partners are charged interest on drawings.

कारण सांगा
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उत्तर

Interest on drawings is charged to compensate those partners who withdraw less from the firm, since the interest credited to the profit and loss appropriation account is shared among partners in their profit-sharing ratio.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
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 41. | पृष्ठ १.१३१
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