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A and B are partner. A's …

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A and B are partner. A's capital is 100000 and B's capital 60,000. Intrest on capital is payable@ 6% p.a. B is entitled to a salary of 3000 per month. Profit for the current year before interest and salary to B is 80,000 prepare profit and loss appropriation account

Posted by Aliya Hafiz 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Nandini Rajput 8 years, 3 months ago

Profit of rs 34400

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