( 10 Sita and Gita are partners in a firm whose capital on 1st April, 2017 was 60,000 and 50,000 respectively. They are allowed interest on capital @7% per annum. Sita gave 16,000 to the firm as loan on 1st Oct., 2017. Gita is entitled to get an annual salary of 8,000. The profit for the year ended 31st March, 2018 before making the above adjustments were 18,000. Prepare Profit & Loss Appropriation Account.
Answers
Answered by
1
Explanation:
mark me brainliest if u think its correct
Attachments:
Similar questions