16 A and B ane partners with a capital of 100 000 and 150,000 respectively
They agree on the following To share profit equally
(1) Interest allowed on capital d 12% pa
(2l interest charged on drawing @8%p.a
(3) Salary to be paid to B @₹700 per month
(4) A withdrew 10,000 and 8000 during the year
Profit for the war wing Decanter al 20 was 130 000. You ure required la prepare profit and loss appropriation a/c
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