Question

11. Nirmal and Pawan are partners sharing prohts in the ratio of 3: 2. The firm had given loan to Pawan of
75,00,000 on 1st April, 2020. Interest was to be charged @ 10% p.a. The hum took loan of 2,00,000 from Nimal
on 1st October, 2020. Before giving effect to the above, the hem incurred a loss of 10,000 for the year
ended 31st March, 2021.
Determine the amount to be transferred to Pront and loss Appropriation Account​

Answer 1

1,25,000 is the loses amount

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