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Amit and Ajay a started a …

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Amit and Ajay a started a partnership business on 1st April 2019 their capital contributions where rupees 200000 and rupees 150000 respectively the partnership deed provides as follows a interest on capital be allowed at 10% per annum b Amit to get a salary of rupees 2,000 per month and Vijay rupees 3000 per month c prophets are to be e share in the ratio 3:2. Net profit for the year ended 31st March 2020 was rupees 216000 interest on drawings amounted to 2 Rupees 2200 for Amit and 2500

Posted by Delffy Davis 5 years, 9 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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