MN and over partners in a …
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MN and over partners in a form with fixed capital of rupees 25000 35040 5000 respectively the partnership deed provided for the following interest on capital at the rate of 5% per annum be interested in trying at the rate of 6% per annum see each partner withdrew its thousand on October 1 2017 the 45000 is to be transferred to a reserve account profit sharing ratio is 2 ratio 2 ratio 1 so net profit of the form before above adjustment for the year ended 31st March 2018 is 80903 pair Profit and Loss appropriation account for the year ended on 31st March 2018
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