On 1st April 2017 A and …
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On 1st April 2017 A and B entered into partnership contributing 60000 and 45000 respectively they agreed to share profit and ratio 3:2 B is allowed salary 12000 per year. Interest on capital is to allowed 10% during the year A withdrew 9000 and B withdraw 18000 as 31st March 2018 before above adjustment 35000 show distributing of profit and loss account and partners capital account
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