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When drawings are made at different intervals Illustration 7 In a partnership, partners are charged interest on drawings @ 6% p.a. During the 31st Dec

When drawings are made at different intervals Illustration 7 In a partnership, partners are charged interest on drawings @ 6% p.a. During the 31st Dec 2008, a partner drew as follow. year ended Feb 1 May 1 June 1 October 1 December 1 What is the interest chargeable to the partner? 12,750 46,750 12,750 55,250 17,000

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