Accountancy > Accounting For Partnership Firms > Fundamentals Of Partnership
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Ranjeet and Ranvijay started a partnership firm on 1st April, 2023. According to the partnership deed, interest on drawings was to be charged @ 10% per annum. Ranjeet withdrew a fixed amount at the end of each month. The total yearly interest on Ranjeet's drawings was ₹6,600. The amount of Ranjeet's drawings for the year ended March, 2024 was:
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