Question

16. Monila and Krishna are the partners with the capital of 80,000 and 1,00,000 respective
agreed the following
A To share the pront and losses equally
B- Ta allow interest on capital 9% pa
C Interest on drawings @ 6% pa
D. Salary to be paid ta krishan As.600 per month
# Monika withdrew Rs 8,000 and krishan R$ 6,00 during the year
Profit for the year ended 31 December, 2013, was Rs. 56,000. You are required to prepar
and Loss Appropriation account
17. From the following information find out the value of goodwill by capitalization method.
Average Profit Rs. 60.000
Normal rate of Return is 10,
Capital employed Rs 4,50,000​

Answer 1

Answer:

olkgrykjdtjjydkdkgd+*$+*%*%(3(7588684374

Answer 2

Dr side 56420 and Cr side 56420