A and b are partners with …
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A and b are partners with a profit sharing ratio of 2 ratio 1 and capital of 300000 and two legs respectively they are allowed 6% per annum interest on their capitals and are charged 10% per annum interest on their growing their drawing during the year where a rupees 60000 and b is rupees 40000 bees share of net profit as for profit and loss appropriation account amounted to rupees 40000 net profit of the form before and appropriation was:
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