CUET Accountancy - When drawings are made at the beginning of every month for the full year, interest on drawings is calculated for | PYQs + Solutions

CUET Accountancy 2025 29 May Shift 2

Partnership

Easy

common

One Year.

6.5 months

6 months.

5.5 months.

✅ Correct Option: 2

Related questions:

14 May Shift 1

In case partner's capital is fixed, then where interest on drawings charged will be shown?

13 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Admission of a partner	(I) Executor Accounts
(B) Retirement of a partner	(II) Sacrificing Ratio
(C) Death of a partner	(III) Realisation Account
(D) Dissolution of a partnership	(IV) Gaining Ratio

Choose the correct answer from the options given below:

4 June Shift 2

Match List-I with List-II

List-I	List-II
Interest on Drawings	Time (Month)
(A). When the amount is withdrawn at the beginning of each month.	(I). 6 months
(B). When the amount is withdrawn at the end of each month.	(II). 6.5 months.
(C). When the amount is withdrawn at the middle of each month.	(III). 5.5 months.
(D). When the amount is withdrawn at the end of each quarter.	(IV). 4.5 months.

Choose the correct answer from the options given below:

CUET Accountancy 2025 29 May Shift 2 PYQs