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what if interest on capital is more than the profit in profit and loss appropriation account

    • Posted by Rhea Chattani 6 years, 3 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Khushi Papola 6 years, 3 months ago

    Divide profit according to the ratio of intrest on capital

    0Thank You

    Rhea Chattani 6 years, 3 months ago

    thnx

    0Thank You

    Pawan Patel 6 years, 3 months ago

    If the amt of int. On capital is more than profit than dont calculate int . Just divide the whole profit among partner in capital ratio

    1Thank You

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