Class 12 Accountancy Chapter 1 | Interest on Partner’s Drawings | Part 9

Welcome to Educa8e! In this video, we cover Interest on Partner’s Drawings, a key concept from Class 12 Accountancy Chapter 1 - Fundamentals of Partnership. Learn how interest is charged on withdrawals made by partners and its impact on profit distribution. 📌 Topics Covered: ✔ Meaning & Importance of Interest on Drawings ✔ Calculation Methods – Simple & Product Method ✔ Accounting Treatment in Profit & Loss Appropriation Account ✔ Journal Entries & Ledger Posting ✔ Practical Examples & Solved Questions ✨ Stay ahead in your studies with Educa8e! 🔔 Subscribe for more:    / @educa8e   👍 Like, Share & Comment your thoughts! #AccountancyClass12 #Educa8e #InterestOnPartnersDrawings #FundamentalsofPartnership #Class12CBSE #AccountancyLecture #StudyWithUs