No products in the cart.

DK, EK and FK were partners …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

DK, EK and FK were partners in a firm sharing profits in the ratio of 7:4:9. Their fixed capitals were ; DK Rs.2,00,000; EK Rs.75,000 and FK Rs.3,50,000. Their Partnership deed provided for the following: (i) Interest on capital @ 9% per annum and Interest on drawings @ 6% per annum. (ii) Salary of Rs.6,000 per month to EK. DK Withdrew Rs.25,000; EK withdrew Rs.15,000 during the year and interest on FK's Drawings was Rs.1,250 on average basis. During the year ended 31st December, 2013, the firm earned a profit of Rs.1,70,000. Prepare P/L Appropriation Account.
  • 0 answers
http://mycbseguide.com/examin8/

Related Questions

U and V Were Partners in a firm
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App