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Calculate the interest for march, February, April, January date description debit redit balance 1/1/2019 opening 20/1/2019 cash withdrawal 65000 6000 60000 500 3/3/2019 cash withdrawal
Calculate the interest for march, February, April, January
date description debit redit balance 1/1/2019 opening 20/1/2019 cash withdrawal 65000 6000 60000 500 3/3/2019 cash withdrawal 1000 15000 4/3/2019 cash deposit 10/3/2019 cash withdrawal 25000 20000 500 20000 30-3-2019 balance 2000 calculate the interest for march, february, april january :interset rate is 13% note : fisical year divided into four terms and 360 days
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Step 1 of 1 a As per given interest rate 13 We need to calculate the Interest for the month 1 Marc...
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
