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A partner withdraws Rs.8,000 each on 1st...

A partner withdraws Rs.8,000 each on 1st April and 1st Oct. Interest on his drawings @6% p.a. on 31st on March will be :

A

Rs.480

B

Rs.720

C

Rs.240

D

Rs.960

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DK GOEL-ACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS -Multiple Choice Questions (vi) Interest on Drawings (HOTS)
  1. If a fixed amount is withdrawn by a partner on the last day of every m...

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  2. If a fixed amount is withdrawn by a partner in the middle of every mon...

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  3. In a partnership firm, a partner withdraw Rs.5,000 per month on the fi...

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  4. Ajay is a partner in a firm. He withdrew Rs.2,000 per month on the las...

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  5. Ajay is a partner in a firm. He withdrew Rs.2,000 per month on the las...

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  6. If fixed amount is withdrawn by a partner on the first day of each qua...

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  7. If a fixed amount is withdrawn by a partner on the last day of each qu...

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  8. If a fixed amount is withdrawn by a partner in the middle of each quar...

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  9. Anuradha is a partner in a firm. She withdraw Rs.6,000 in the beginnin...

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  10. Bipasa is a partner in a firm. She withdraw Rs.6,000 at the end of eac...

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  11. Charulata is a partner in a firm. She withdraw Rs.10,000 in each quart...

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  12. If equal amount is withdrawn by a partner in the beginning of each mon...

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  13. If equal amount is withdrawn by a partner in the end of each month dur...

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  14. If equal amount is withdrawn by a partner in middle of each month duri...

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  15. X is a partner in a firm. He withdrew regularly Rs.1,000 at the beginn...

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  16. Y is a partner in a firm. He withdraw regularly Rs.3,000 at the end of...

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  17. Z is a partner in a firm. He withdraw regularly Rs.2,000 at the beginn...

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  18. A partner withdraws Rs.8,000 each on 1st April and 1st Oct. Interest o...

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  19. A partner draws Rs.2,000 each on 1st April 2018, 1st July 2018, 1st Oc...

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  20. A partner withdraws from firm Rs.7,000 at the end of each month. At th...

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