Interest to partner capital
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 July 2013
interest on partner capital is given on opening balance or closing balance????
please reply fast
please reply fast
Anand Modi
(Expert)
09 July 2013
If nothing is mentioned in the deed then follow the method of last year and if this is the first year then Calculate daily interest @ 12% p.a.
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