The partnership deed provided that interest on capital will be allowed @ 10% p.a. The amount of interest on Ishita’s capital will be :

Class 12th Accountancy, Question paper 2023: The partnership deed provided that interest on capital will be allowed @ 10% p.a. The amount of interest on Ishita’s capital will be :  

By
Rohit Sharma
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These are the options for the Question: The partnership deed provided that interest on capital will be allowed @ 10% p.a. The amount of interest on Ishita’s capital will be :

(A) 718,000 . (8) 716,000
(C) % 20,000 (D) % 10,000

 

The correct answer  is: (D) % 10,000

 

 

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