Select the most appropriate alternatives given below and rewrite the sentence : When Specific date is not given, in that case interest on drawing is charged for __________ month. - Book Keeping and Accountancy

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MCQ

Select the most appropriate alternatives given below and rewrite the sentence :

When Specific date is not given, in that case interest on drawing is charged for __________ month.

Options

  • Four

  • Six

  • Eight

  • Nine

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Solution

When Specific date is not given, in that case interest on drawing is charged for six month.
Concept: Balance Sheet
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Chapter 9: Final Accounts of a Proprietary Concern - Exercises [Page 317]

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Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 9 Final Accounts of a Proprietary Concern
Exercises | Q 3. 10) | Page 317
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