Question

0-16 Write the difference between Fixed capital A/c and Fluctuating capital Alc
Or
Arvind and Suman are partners sharing in the ratio of 7.3 their capitals were Rs
1500 and Rs 1000 Respectively interest on capital is 5% PA.. Salary of Suman
Rs 240 PA. Drawing of Partners were Rs. 120 and 200 respectively. Profit of
the firm after charging salary is Rs 800 on such profit manager is entitled to get
commission 3%. Prepare Profit and loss Appropriation A/c and partner's capital​

Answer 1

Answer:

this will might help u..