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Ali and bahudur are partners in …

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Ali and bahudur are partners in a firm sharing profits and losses as Ali 70% and bahadur 30%. their respective capital as 1st April 2019 stand as Ali rs 25000 and Bahadur rs 20000. the partners are allowed interest on capitals @5% p.a. Drawings of the partners during the year ended 31 march 2020 were rs 3500 and rs 2500 respectively profit for the year, before allowing interest on capital and annual salary of bahadur @rs 3000 was rs 40000 10% of divisble profit is to be transferred to reserve. prepare partner current account and capital account recording the above translation

Posted by Sanampreet Kaur 5 years, 7 months ago

CBSE > Class 12 > Accountancy

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Posted by Srishti Arya 1 year, 2 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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Posted by Shashank Shukla 1 year, 4 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Munni Lal 1 year, 5 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Palak Kumari 3 months, 2 weeks ago

CBSE > Class 12 > Accountancy

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