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Interest on Capital

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629 Points Posted on 02 August 2019
Sir
in a partnership firm according to dead 12% interest needs to account. please provide advice how to account the same
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On 02 August 2019 at 20:25 Report
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Consultant & Teacher(Whatsapp 8718057907
1306 Points Posted on 03 August 2019
Calculate interest on outstanding balance of capital day wise and debit such interest in Profit and Loss appropriation account.
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On 03 August 2019 at 15:49
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629 Points Posted on 03 August 2019
Thank you Sir
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On 03 August 2019 at 16:58
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7059 Points Posted on 10 August 2019
good clarification and information
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On 10 August 2019 at 21:24


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