CUET Accountancy - Calculate interest on drawing if Ram withdrew Rs. 3,000 per month at the beginning of each month for the whole year, if interest on drawing is charged @ 9 % per annum. | PYQs + Solutions

CUET Accountancy 2025 3 June Shift 2

Partnership

Medium

common

Rs. 1455

Rs. 1745

Rs. 1485

Rs. 1755

✅ Correct Option: 4

Related questions:

14 May Shift 2

Partnership comes into existence as a result of an agreement among the partners, that agreement is called......

13 May Shift 1

The total amount of interest on drawings will be:

30 May Shift 1

In the Proforma of Partner's Capital Account under the Fluctuating capital Method, the Credit side includes the following items:

(A) Balance b/d (in case of credit opening balance)

(B) Salaries

(D) Profit and Loss Appropriation (for share of profit)

Choose the correct answer from the options given below:

CUET Accountancy 2025 3 June Shift 2 PYQs