#quarterly

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Partnership Accounts 1

If a fixed amount is withdrawn on the last day of every quarter of a calendar year, the interest on the total amount of

4.5 partnership correct; deed provisions interest capital drawings as per Act.

Ref: NCERT Accountancy Class XII Chapter 2 Partnership Accounts explains partnership deed interest capital drawings profit appropriation guarantee provisions.

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#quarterly

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If a fixed amount is withdrawn on the last day of every quarter of a calendar year, the interest on the total amount of

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