Saturday, January 10, 2009

Doing an appropriation account, solution says I should charge interest on drawings to current ac figure

The notes say interest in drawings should be charged at 6%..There are no drawings, and I looked at the solution and its figures suggest it has chagred 6% to the current account balances (partnership question) and then added it to net profit in the appropriation account. Is this correct, and what if there was drawings would I charge 6% to both drawings and the current account balances?Please somebody explain
      Answer1:If u wana earn money online working from homethen u can joint the online money making programslisted herehttp://earnmoneyonlinecash1.notlong.comwork part time n with time your income willbe more than full time

No comments:

Post a Comment