Question

12 and
.
30. Naman and Raman has capital respectively 4,000 and 78,000. They distributed profit in
Profit distribution Ayush 7,022, Ashta?
equal ratio. Naman has rights to get salary + 200 per month. Interest on capital provided
5% per year belown drawing taken by them in the year :
By Naman
By Raman
April 1
400 June 1
200
Jun 1
400
Sept. 1
400
200 Nov. 1
200
Interest on drawing is 5% per year. Before the adjustment of salary, interest on capital and
interest on drawings profit of firm is 24,000. Capital of partner is fixed prepared a profit
and loss appropriation account calculated interest of drawing by (i) Product method and
(ii) Average due date method.
Aug. 1​

Answer 1

Answer:

hii how are you and I hope you and your family are safe