PQ and Rs started of partnership …

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PQ and Rs started of partnership business on 1-7-2016 contribution rupees 500000 rupees 600000 rupees 7 lakh respectively as their capital interest on capital is to be provided 12% per annum the permian profit of 175000 for the year ended 31st March 2017 the profit sharing ratio of PQ and Rs 1 1 ratio 2 ratio to prepare profit appropriation account for the year ended 31st March 2017
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