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Pand q were partner in firm …

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Pand q were partner in firm sharing profit and losses equally .their fixed capital was 200000and 300000respectively .the partnership deed provided for interest on capital @12 %per annum

    • Posted by Shiwani Mishra 8 years, 4 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Sudeep Keer 8 years, 4 months ago

    Interest of P - 200000×12/100=24000 Interest of Q- 300000×12/100=26000

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