Easy Office
LCI Learning

What is procedure to calculate interest on capital

This query is : Resolved 

25 March 2022 what is procedure to calculate interest on capital of partners.

26 March 2022 Interest on capital is to be calculated on the capitals at the beginning for the relevant period. If there is any additional capital introduced or capital withdrawn during the year, it will cause change in the capitals and interest is to be calculated proportionately on the changed capitals for the relevant period.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries