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from profit and loss appropriation account …

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from profit and loss appropriation account A's capital A/C on 01.01.2004 = 60,000 B's // // // // // = 40,000 A's current A/C on 01.01.2004 = 2,000 cr B's // // // // // = 1,500 Dr A's drawings during 2004 = 5,000 B,s // // // = 2,000 A,s intrest on capital = 3,600 B's // // // = 2,400 A's intrest on drawings = 100 B,s intrest on drawings =80 A's share on profit =70,000 B's // // // =60,000 A's salary for the year = ------ B's salary for the year =2,400

Posted by Salik Khursheed 8 years, 2 months ago

CBSE > Class 12 > Accountancy

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