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A and b started business on …

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A and b started business on 1st apri,2018with capitals of 1500000 and 900000 respectively.on 1st October,2018, they decided that their capitals should be 1200000 each.the necessary adjustments in capitals were made by introducing or withdrawing by cheque.interest on capital is allowed @ 8p.a. compute interest on capital for the year ended 31st march,2019

Posted by Naresh Sharma 6 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Sakshi Sharma 6 years, 3 months ago

* A = 1,08,000 * B = 84,000

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