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Amitabh and Babul are partners sharing …

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Amitabh and Babul are partners sharing profit ration in 3:2 with capitals of Rs.50,000 and Rs.30,000 respectively. Interest on capital is agreed @ 6% p.a. Babul is to be allowed an annual salary of Rs.2500. During the year 2019-20, the profits prior to the calculation of interest on capital but after charging Babul’s salary amounted to Rs.12,500. A provision of 5% of the profits is to be made in respect of commission to the manager. Prepare P&L appropriation A/c

Posted by Karan Jaiswal 5 years, 6 months ago

CBSE > Class 12 > Accountancy

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Anil Verma 5 years, 6 months ago

Bhai ye ques easy h

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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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