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A and B are partners in …

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A and B are partners in a firm sharing profit in the ratio of 3:2 they have advanced to the firm a sum of rupees 30000 as a loan in their profit sharing ratio on 1st October 2017 the partnership deed is silent on interest on loan from partners compute interest payable by the form to the partners assuming the firm closes its book every year on 31st March

Posted by Uttam Rathod 6 years, 3 months ago

CBSE > Class 12 > Accountancy

3 answers

Harsh Malik 6 years, 3 months ago

The interst payment will be 900 and the int. Of payment will be 6%p.a

Sakshi Sharma ??️??️??️ 6 years, 3 months ago

A = 540 & B = 360

Ankit Sikarwar 6 years, 3 months ago

A.540 B.360

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