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Sanjay and himanshu entered into a …

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Sanjay and himanshu entered into a partnership on 1jan 2014 contributing rupees 300000and 200000 respectively. They agreed share profit and loss in ratio 3:2 following information is provided regarding the partnership 1 each partner is allowed a salary of 10000rupees p.a 2 interest on capital@8%p.a 3 interest on drawing Bing 1500and 2500 respectively for sanjay and himanshu The profit of the firm for the year ended 31-12-14 was 18600 .prepare profit and loss appropriation account
Posted by Abhay Chandel Abhay 1 year, 8 months ago
- 1 answers
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Abhay Chandel Abhay 1 year, 8 months ago
2Thank You