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Accounts of Partnership Firms-Fundamentals — Accountancy STD 12 — Question

Tamilnadu BoardEnglish MediumSTD 12AccountancyAccounts of Partnership Firms-Fundamentals1 Mark
Question
Interest Drawings for the regular interval is calculated by the formula …………….
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Answer

Total Drawings $\times \frac{\text { Rate }}{100} \times \frac{16}{12}$

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