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Arun and barun are partner in …

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Arun and barun are partner in a firm sharing profit and losses equally. Then capital on 1 April 2015 were 480000and 540000.on 1october 2015 decide that the total capital firm should be 100000 to be contributing equally both of them according to partnership deed interest on capital allowances to the partner 6/. pa .you are required in compute interest on the year ending 31march 2016

Posted by Santosh Kumar Dwivedi Dwivedi 5 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Anju Singh 5 years, 7 months ago

Interest on capital of Arun will be 29400)& interest on capital of Barun will be 31200

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