Shankar and Manu are partners in …
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Preeti Dabral 2 years, 6 months ago
PROFIT AND LOSS APPROPRIATION ACCOUNT
(for the year ended 31st March, 2015)
PARTNER'S FIXED CAPITAL ACCOUNTS
₹
₹
₹
₹
PARTNER'S CURRENT ACCOUNTS
₹
₹
₹
₹
MANU'S LOAN ACCOUNT
Working Note:
Since drawings are made at the beginning of each quarter, interest will be charged for 7.5 months: 24,000×12100×7.512 = ₹1,800
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