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Radha and Rukmani are partners in …

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Radha and Rukmani are partners in a firm with fixed capitals of 200000 and 300000 respectively. They share profits in ratio 1:2 . Both partners are entitled to interest on capital 8% p.a. . In addition, Rukmani is entitled to a salary of 20000 per month. Business is carried from property owned by Radha on a yearly rent of 120000. Net profit for the year before providing for rent was 550000. You are required to draw profit and loss account

Posted by Payal Khatter 5 years, 8 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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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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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Accounting for partnership Firms Fundamentals notes

Posted by Mohd Aman Mansoori 1 year, 4 months ago

CBSE > Class 12 > Accountancy

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