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Mita and ushar partners in a …

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Mita and ushar partners in a firm sharing profit in the ratio 2:3 their capital acc. as on 1st April 2015 showed balance of rs 140000 nd 120000. The drawings of mita&usha during the year 2015 16 were rs 32000 nd 24000. Both the account were withdrawn on 1st January 2016. It was subsequently found that the following items had been omitted while preparing the final account forthe year ended 31st march 2016 interest on capital @6% p.a. Interest on drawing @6%p.a. Mita was entitled to a comission of 8000 for the whole year

Posted by Shalini Bartwal 6 years, 8 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Palak Sharma 1 year, 5 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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