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10. Akhil and Bimal are partners …

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10. Akhil and Bimal are partners sharing profits in the ratio of 3: 2. Akhil gave loan to the firm of 1,00,000 R 1st October, 2021. On the same date, the firm gave loan to Bimal of 1, 00, 000 They do not have an agreement as to interest. Akhil had also given his personal property for firm's godown at a monthly rent of * 5,000. 1, 03, 00 (before above adjustments) for the year ended 31st March, 2022.show the distribution of profit for the year

Posted by Sris Malv 2 years, 7 months ago

CBSE > Class 12 > Accountancy

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