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  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm - Fundamentals

  • question_answer
    What average period is used to calculate interest on drawings of equal amounts drawn at the end of each quarter?

    A) 6.5

    B) 5.5       

    C) 7.5  

    D) 4.5

    Correct Answer: D

    Solution :

    4.5


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