AdminHelpdice Team30 May, 2024The Interest on partners capital account is to be credited toPartners Capital A/cProfit & loss A/cInterest A/cNone of the optionsCheck AnswerRelated MCQ's A partner draws Rs.2,000 each on 1st April 2018, 1st July 2018, 1st October, 2018 and 1st January 2019. For the yea...Mon, 10 MarIf date of drawings of the partner's is not given in the title:ion, interest is charged for how much time...Mon, 10 MarWhich accounts are opened when the capitals are fixed?...Mon, 10 MarIn a partnership firm, partner A is entitled a monthly salary of Rs.7,500. At the end of the year, firm earned a pr...Mon, 10 MarIn the absence of Partnership Deed, the interest is allowed on partner's capital...Mon, 10 MarPartnership agreement can be...Mon, 10 MarInterest on partners capital will be allowed only when...Mon, 10 MarInterest on drawings charges to keep control on...Mon, 10 MarP and Q sharing profits in the ratio of 2: 1 have fixed capitals of Rs.90,000 and Rs.60,000 respectively. After clo...Mon, 10 MarWhich accounts are opened when the capitals are fluctuating?...Mon, 10 Mar