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X and y contribute 20000 and 10000 respectively towards capital . they decided to Allow interest on capital 6% per annum. their respective share of profit is 2 : 3 and the net profit for the year is 1500 .show distribution of profit .where there is no agreement except for interest on capital and where there is an agreement that the interest on capital as a charge.

Posted by Dipanshi Agrawal 3 years, 4 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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