Interest on drawings - partnership firm
Jomon P B (student) (174 Points)
28 June 2020
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 30 June 2020
It is an expense and subtracted from revenue. No need to use profit sharing use.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)