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Solution of Q 44 Fundamentals of Partnership Firm TS Grewal 2023-24 [CBSE]

Question 44 of 95Chapter 1Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 44, Chapter 1 Accounting for Partnership Firms – Fundamentals, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 44

Calculate interest on drawings of Sanjay @ 10% p.a. for the year ended 31st March, 2023, in each of the following alternative cases:

Case 1. If he withdrew ₹7,500 in the beginning of each quarter.

Case 2. If he withdrew ₹7,500 at the end of each quarter.

Case 3. If he withdrew ₹7,500 during the middle of each quarter.

TS Grewal Class 12 Fundamentals of Partnership Firm Question 44

Solution

Solution of Q 44 Fundamentals of Partnership Firm TS Grewal 2023-24
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About this solution

This is Chapter 1 Accounting for Partnership Firms – Fundamentals of TS Grewal Edition 2023-24.

Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.

We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.

Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.

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