1 Product Method questions from CUET Accountancy 2025 14 May Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Product Method โ CUET Accountancy 2025 14 May Shift 2(1โ1 of 1)
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Q1mediummcqAccountancyCUET Accountancy 2025 14 May Shift 22026
Saloni and Srishti are partners. Their capital accounts as on April 01, 2019, showed balances of Rs.ย 2,00,000 and Rs.ย 3,00,000 respectively. On July 01, 2019, Saloni introduced additional capital of Rs.ย 50,000. On October 01, 2019, Saloni withdrew Rs.ย 30,000 from her capital. Interest is allowed @ 8% p.a. Calculate the interest payable on capital to Saloni during the financial year 2019โ2020.