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Question
| Ayush, Chaman, and Govind were partners since 1st April 2017 and were sharing profits in a 3 : 2 : 1. However, they did not prepare a partnership deed. You are required to answer the following question for the year ending 31st March, 2024: |
Chaman withdrew ₹ 5,000 per month for his personal use at the beginning of each month. Interest on drawings will be charged for an average period of:
Options
6.5 months
5.5 months
6 months
No interest will be charged.
MCQ
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Solution
No interest will be charged.
shaalaa.com
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