INTEREST ON PARTNERS CURRENT ACCOUNT AND INTEREST ON CAPITAL
This query is : Resolved
29 May 2020
DEAR SIR,
INTEREST CHARGED @ 12% ON PARTNERS CURRENT ACCOUNT BALANCE AND INTEREST PAID TO PARTNERS CAPITAL @ 12% IS CORRECT WAY TO ACCOUNTING WE CAN CHARGE BOTH ANNUAL INTEREST ON EACH ACCOUNT.
REGARDS
INTEREST CHARGED @ 12% ON PARTNERS CURRENT ACCOUNT BALANCE AND INTEREST PAID TO PARTNERS CAPITAL @ 12% IS CORRECT WAY TO ACCOUNTING WE CAN CHARGE BOTH ANNUAL INTEREST ON EACH ACCOUNT.
REGARDS
29 May 2020
Not correct way. Pay only 12% interest on net credit balance of both accounts.
29 May 2020
thank you sir,
another one simple query sir, wages paid to labours for, fill rice into the bags, loading and unloading rice bags, including paddy cleaning etc and factory current bill using more than 1 hp motors ,these expenses are direct or indirect expenses.
please clarify me
regards
another one simple query sir, wages paid to labours for, fill rice into the bags, loading and unloading rice bags, including paddy cleaning etc and factory current bill using more than 1 hp motors ,these expenses are direct or indirect expenses.
please clarify me
regards
29 May 2020
These are direct expenses.
29 May 2020
THANK YOU VERY MUCH SIR,
I AM GAINING KNOWLEDGE FROM YOUR ADVICE SIR,
REGARDS
I AM GAINING KNOWLEDGE FROM YOUR ADVICE SIR,
REGARDS
29 May 2020
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