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Maruti and Patil are partners in a firm sharing profits and losses in the ratio of 3 is to 2 Maruti withdrawn rupees 4000 quarterly at the beginning of each quarter calculate the interest on drawings at 9% per annum for the year ending 31st March 2017 under product method |
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Answer» Maruti and Patil are PARTNERS in a FIRM sharing profits and LOSSES in the ratio of 3 is to 2 Maruti withdrawn rupees 4000 quarterly at the beginning of each quarter calculate the INTEREST on drawings at 9% per annum for the year ending 31st March 2017 under product method |
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