Calculation Capital Interst
This query is : Resolved
17 January 2021
Two Partners A & B Profit Sharing Ration 50%- 50%
Rate at interest 12%
A Capital Bought IN 600000/- Withdrawal 80500/-
1.5.19 Capital Bought-150000/-
5.6.19 Capital Bought-100000/-
16.6.19 Withdrawal- 7500/-
19.7.19 Withdrawal- 7500/-
1.8.19 Capatila Bough- 50000/-
15.8.19 withdrawal- 7500/-
15.9.19 withdrawal- 7500/-
15.9.19 Capital Bough- 50000/-
15.10.19 Withdrawal- 7500/-
10.11.19Capital Bough-50000/-
12.11.19withdrawal -7500/-
1.12.19Capital Bough- 50000/-
15.12.19Withdrawal- 7500/-
1.1.20 Capital Bough - 150000/-
18.1.20 Withdrawal 9000/-
11.2.20 Withdrawal 9000/-
15.3.20 Withdrawal 10000/-
Interest Partner Capital Calculation ?
Rate at interest 12%
A Capital Bought IN 600000/- Withdrawal 80500/-
1.5.19 Capital Bought-150000/-
5.6.19 Capital Bought-100000/-
16.6.19 Withdrawal- 7500/-
19.7.19 Withdrawal- 7500/-
1.8.19 Capatila Bough- 50000/-
15.8.19 withdrawal- 7500/-
15.9.19 withdrawal- 7500/-
15.9.19 Capital Bough- 50000/-
15.10.19 Withdrawal- 7500/-
10.11.19Capital Bough-50000/-
12.11.19withdrawal -7500/-
1.12.19Capital Bough- 50000/-
15.12.19Withdrawal- 7500/-
1.1.20 Capital Bough - 150000/-
18.1.20 Withdrawal 9000/-
11.2.20 Withdrawal 9000/-
15.3.20 Withdrawal 10000/-
Interest Partner Capital Calculation ?
17 January 2021
CALCULATE INTEREST ON CAPITAL AT 12% FROM DATE OF CAPITAL BROUGHT IN AND DEDUCT FROM IT INTEREST ON WITHDRAWAL CALCULATED AT 12% FROM DATE CAPITAL WITHDRAWN.
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