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Ram, Shyan, Ghanshyam and Radheshyam are …

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Ram, Shyan, Ghanshyam and Radheshyam are partners sharing profits and losses the ratio of 4:3:3:2. Their respective fixed capitals on 31 March, 2022 were Rs. 1,20,000, 1,80,000,2,40,000 and Rs. 1,80,000 respectively. After preparing the final accounts for the year ended 31 March, 2022, it wan discovered that interest capital 12% per annum was not allowed and interest. drawings unmounting to Rs. 4,000, Rs. 5,000, Rs. 3,000 and Rs. 2,400 respectively was also not charged Pass the necessary adjustment journal entry showing your working clearly.

Posted by Swati Sriraj 5 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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CBSE > Class 12 > Accountancy

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Posted by Palak Kumari 3 months, 3 weeks ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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