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ABN Shiva partners in the firm …

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ABN Shiva partners in the firm having capitals 60000 60000 and 80000 respectively there current account balance with a 10000 B 5000 and 3000 debit according to the partnership Deedar partners for entitle to the interest on capital at the rate 5% per annum see being the working partner was also entitle to salary of Rupees 6000 per annum the profit for to be divided as follows a the first to 20000 in proportion to their capitals be next 30000 in the ratio of 5:3:2 see the remaining profit to be shared equally the form made a profit of 156000 before charging any of the above items prepare the profit and loss app preparation account and pass necessary journal entry for the appropriatement of profit

Posted by Devanshi Malhotra 3 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Chhavi Jain 3 days, 14 hours ago

CBSE > Class 12 > Accountancy

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This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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CBSE > Class 12 > Accountancy

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Posted by Shivangi Shivi 1 day, 4 hours ago

CBSE > Class 12 > Accountancy

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