Question

13 D. E and F are partners in a fimm sharing profits in the ratio of 579 Trerinat saptal vez
500000, E
Rs. 700000, FRs. 800000. There partnership deed provided for the following
1) interest on capital @ 10% pa
II) Salary of Rs. 10000 per month of F
III) Interest on drawings @ 12% pa
D Withdrew Rs. 40000 on 1st May 2016 5 Withdrew Rs 50000 on 30 June 2016 and more
30000
on 31st March, 2017. The firm earned a profit of Rs. 350000 during the year Prepare the Proin and
Loss​

Answer 1

Answer:

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