Amount is drawn regularly at the middle of every month during the year , the average period is, 6.5/12, 6/12, 9/12, Interest on capital is calculated in —— capital, Closing, Average, Opening, In the absence of agreement partners are entitled to, Interest on loan, Interest on capital, Interest on drawing, In the absence of agreement among the parents the partners, interest on capital is, Not allowed, Revenue allowed at bank rate, Allowed at 6%, If the amount is withdrawn at the end of every half yearly, the average period is, 6, 9, 3
0%
accountancy
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Rajaboobathir
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