Sociology, asked by farhadkabir692, 3 days ago

বজাৰ ব্যৱস্থাত সম্প্ৰদাযিক প্ৰভাৱৰ ওপৰত এটি টোকা

Answers

Answered by siri389412
0

Answer:

Profit and Loss Account

for the year ended ...

Dr.

Cr.

Particulars

Amount

(₹)

Particulars

Amount

(₹)

Manager’s Commission

750

Profit before B’s Salary

15,000

(5% of Rs 15,000)

(12,500 + 2,500)

Profit transferred to Profit and Loss Appropriation Account

14,250

15,000

15,000

Profit and Loss Appropriation Account

for the year ended ...

Dr.

Cr.

Particulars

Amount

(₹)

Particulars

Amount

(₹)

Interest on Capital A/c:

Profit and Loss A/c

14,250

A

3,000

B

1,800

4,800

B’s Salary

2,500

Profit transferred to:

A’s Capital A/c

4,170

B’s Capital A/c

2,780

6,950

14,250

14,250

Partners’ Capital Accounts

Dr.

Cr.

Particulars

A

B

Particulars

A

B

Balance c/d

57,170

37,080

Balance b/d

50,000

30,000

Interest on Capital A/c

3,000

1,800

Salary A/c

2,500

P/L Appropriation A/c

4,170

2,780

57,170

37,080

57,170

37,080

Working Notes:

WN 1 Calculation of Managers’ Commission

1. Managers’ Commission = 5% on Net Profit (before Salary)

Profit before Salary = Profit after Salary + Salary = 12,500 + 2500 = Rs 15,000

WN 2 Calculation of Interest on Capital

WN 3 Calculation of Profit Share of each Partner

Profit available for distribution = 12,500 − 750 − 3,000 − 1,800 = Rs 6,950

Profit sharing ratio = 3 : 2

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