Question:medium

Interest on Capital is allowed on

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If capital fluctuates during the year: \[ \mathrm{Interest\ on\ Capital} \rightarrow \mathrm{Calculated\ on\ Average\ Capital} \]
Updated On: May 11, 2026
  • the capital at the beginning of the year.
  • the capital at the year end.
  • average capital of the year.
  • the capital in the middle of the year.
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The Correct Option is C

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