Capital interest calculation
This query is : Open
24 November 2017
Dear sir,
how to interest calculate on capital for partnership form if debit and credit entry is more please suggest at simply
how to interest calculate on capital for partnership form if debit and credit entry is more please suggest at simply
24 November 2017
Kindly refer partnership deed.
There are wording like:
1) Interest on Fixed Capital
2) Interest on opening Capital
3) Interest on Daily closing
Or any other wording given in partnership deed
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