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A & b are partners in …

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A & b are partners in a firm. A is entitled to a salary of 15000 p.m & a commission of10% of net profit before charging any commission. B is entitled to a commission of 10% of net profit after charging his commission net profit the year ended 31 march 2018 was 440000 Prepare profit & loss appropriation account

Posted by Suraj Dham 4 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Namrata Rathi 4 years ago

A was 1500 and B was 44000

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