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प्रश्न
Kumar is a partner in a partnership firm. As per the partnership deed, interest on drawings is charged at 6% per annum. During the year ended 31st December, 2018 he withdrew as follows:
| Date | ₹ |
| March 1 | 4,000 |
| June 1 | 4,000 |
| September 1 | 4,000 |
| December 1 | 4,000 |
Calculate the amount of interest on drawings.
उत्तर
Interest on Drawings = Amount × Rate of Interest × Period
March 1 = `4,000 xx 6/100 xx 10/12` = ₹ 200
June 1 = `4,000 xx 6/100 xx 7/12` ₹ 140
September 1 = `4,000 xx 6/100 xx 4/12` = ₹ 80
December 1 = `4,000 xx 6/100 xx 1/12` ₹ 20
Interest on Drawings = 200 + 140 + 80 + 20 = ₹ 440
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Which of the following is the incorrect pair?
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Balance sheet as on 31st December, 2018
| Liabilities | ₹ | ₹ | Assets | ₹ |
| Capital accounts: | Sundry assets | 2,20,000 | ||
| Rajan | 1,00,000 | |||
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| 2,20,000 | 2,20,000 |
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| Date | ₹ |
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