Accountancy > Accounting For Partnership Firms > Fundamentals Of Partnership
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Anu and Kanu were partners in a firm sharing profits in the ratio of 3:2. Anu withdrew ₹ 10,000 per month at the end of each month and Kanu withdrew ₹ 20,000 per quarter at the beginning of each quarter. Interest on drawings was to be charged @ 10% p.a. The interest charged on Kanu's drawings was:
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