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The following information was obtained from the records of BV Suppliers, a partnership business with Betty and Valerie, on 29 February 2020 (the end of
The following information was obtained from the records of BV Suppliers, a partnership business with Betty and Valerie, on 29 February 2020 (the end of the financial year): Betty's capital balance was 29 February 2020 was R500 000. She increased her capital contribution by R100 000 on 01 September 2019 (and this was recorded). She earns interest at a rate of 12% per annum. Which one of the following reflects her interest on capital for the year ended 29 February 2020? O A. R66 000 O B. R60 000 O C. R48 000 O D. R54 000
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