Accounting for Partnership Firm: Calculation of Interest on Drawing Part 1
Channel: The Pathshala Classes
Date: 2021-05-17

This is the Sixth video of the series Accounting for Partnership Firm. In this video you will learn the calculation of Interest on Drawing when drawing is made at unequal amount with non-uniform time interval as per Indian Partnership Act, 1932.
Our previous video was forthe calculation of Manager's Commission and Interest on Partner's Loan to the firm as per Indian Partnership Act, 1932. Please do watch them also. 
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Happy Learning..!!
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Video 1: Provisions of Partnership Deed:  https://youtu.be/tO6gHsuFpNU?list=PL0lc2NtxwkZpllExIoixsxL-CNU1Adhe_
Video 2: Preparation of Profit and Loss Appropriation A/c: https://youtu.be/hl6jZXxjba0?list=PL0lc2NtxwkZpllExIoixsxL-CNU1Adhe_
Video 3: Journal Entries in Partnership Firm: 
https://youtu.be/sKLPlEX9j7E
Video 5: https://youtu.be/cKHYYy4c30c