Accounting · Partnership Accounts
When the specific dates of withdrawals are not mentioned in a partnership deed, for how many months is the interest on drawings charged on average?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1For 1 month
- 2For 12 months
- 3For 6 months✓
- 4For 8 months
Correct answer
For 6 months
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