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  • 1 answers

Guneet Kaur 1 year, 8 months ago (15205534)

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Mr Thunder 1 year, 8 months ago (14076362)

To prepare the Profit and Loss Appropriation Account for the year ended 31.3.2007, we need to follow these steps: 1. Calculate the total net profit of the firm. 2. Deduct John's monthly salary from the net profit. 3. Calculate David's commission on the remaining profit. 4. Allocate the remaining profit between David and John based on their profit-sharing ratio. Let's do the calculations: 1. Total net profit of the firm: Total net profit = Rs. 1,40,000 2. Deduct John's monthly salary: John's salary for the year = Rs. 2,500 * 12 months = Rs. 30,000 Remaining profit after salary = Rs. 1,40,000 - Rs. 30,000 = Rs. 1,10,000 3. Calculate David's commission: David's commission = 10% of Rs. 1,10,000 = Rs. 11,000 4. Allocate remaining profit between David and John: David's share = (4/5) * Rs. 1,10,000 = Rs. 88,000 John's share = (1/5) * Rs. 1,10,000 = Rs. 22,000 Now, let's prepare the Profit and Loss Appropriation Account: ``` Profit and Loss Appropriation Account For the year ended 31.3.2007 Particulars Amount (Rs.) ---------------------------------------- Net profit (as per P&L) 1,40,000 Less: John's salary 30,000 -------- Remaining profit 1,10,000 David's commission -11,000 -------- Remaining profit for distribution 99,000 David's share (4/5) 88,000 John's share (1/5) 22,000 -------- Total 1,10,000 -------- ``` This is the Profit and Loss Appropriation Account for the year ended 31.3.2007, showing how the net profit is distributed between David and John after deducting expenses and commission.
  • 1 answers

Surjot Kaur 1 year, 8 months ago (5084908)

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Liza Mariyam 1 year, 8 months ago (15668317)

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  • 2 answers

Lavkush Giri 1 year, 8 months ago (15667262)

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Lakshay Joshi 1 year, 8 months ago (15157963)

No it's present in leafs
  • 2 answers

Mr Thunder 1 year, 8 months ago (14076362)

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Rishman Sohi 1 year, 8 months ago (15666608)

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  • 2 answers

Guneet Kaur 1 year, 8 months ago (15205534)

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Sami Pariat 1 year, 8 months ago (15666708)

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  • 2 answers

Sunil Patil 1 year, 8 months ago (14626114)

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Saptaparno Bhattacharjee 1 year, 8 months ago (15594433)

BCA is equal to 65 b is equal to 55 find a d e a d AC
  • 1 answers

Roselin Mohapatra 1 year, 8 months ago (15673136)

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Hency Modi 1 year, 8 months ago (14211103)

x(x+5)-3(x+5)=x²+5x-3x-15=x²+2x-15
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  • 1 answers

Hency Modi 1 year, 8 months ago (14211103)

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Chahat Thakur 1 year, 8 months ago (15665702)

Lencho did recieve the money and a letter from God. However, He was not happy. This is not because he does not know the pleasure of being grateful to others but because he have infinite faith in God. He thought that God could neither make a mistake nor deny what he had requested . He told that the post office employees have cheated him. So he wrote another letter to god saying that the money out of he have asked for only some of them reached him. But he was also ungrateful to God. He did not thanked the God instead he demanded more. This shows that he was a type of person who does not care about anyone effort. Peaceful life can be only lead if we recognise other effort. So there is very important of being grateful to others.
  • 1 answers

Gurleen Kaur 1 year, 8 months ago (15268804)

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प्रिय छात्रों आपके सृजनात्मकता एवं रचनात्मकता को ध्यान में रखते हुए हम आपकी परिकल्पनाओं का सम्मान करते हैं। दिए गए प्रश्नों को बहुत ही सोच समझकर करना है. चूंकि यह सभी प्रश्न व्यवहारिकता से जुड़े हुए है तथापि इसमें आपका सम्पूर्ण योगदान अनिवार्य है. इसमें आपकी शोध, समर्पण एवं धैर्य की आवश्कता होगी। सबसे महत्वपूर्ण बात यह होगी कि आपके ‌द्वारा किया गया अनुसंधान आपके इस परियोजना की कुंजी होगी । 1. नेताजी का चश्मा पाठ के आधार पर जो आज की युवा पीढ़ी के लिए संदेश निहित है उसके स्पष्ट करें एवं आज की पीढ़ी अपने देश अपनी नगरपालिका के लिए कितनी सजग है उदाहरणों के साथ अपने विचारों को चित्रों के साथ व्यक्त करें।
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Sunil Patil 1 year, 8 months ago (14626114)

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