1.

Ajay and Vijay are partners sharing profits and losses equally . Their drawings during the year ended31st Mar, 2020 are as follows:Ajay drew Rs. 12,000 at the end of each month.Vijay's drawings were : 30.06.19 : Rs.40,000 ; 31.07.2019 : Rs.20,000 ; 01.10.19 : Rs.20,000 ;01.03.2020 : Rs.32,000. The deed provides Interest on Drawings @ 10% p.a.Calculate Interest on Drawings for Ajay and Vijay.and locor in the ratio of 2.2.1 Vishal retires​

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