16. X, Y and Z are partners in a firm in the ratio of 2:1:1, with Capitals of 20,000,
* 12,000 and 8,000 respectively on which interest is payable @ 6% per annum. X is
entitled to a salary of 250 per month. Z gets commission of 1% on sales.
During the year 2007 the firm earned a profit of 15,000. The sales were *2,00,000. They
withdrew 5,000, 3,000 and 6,500 respectively, the interest on which amounted to
* 100, 50 and 250 respectively. Prepare profit and loss appropriation account and
partner's capital accounts.
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Answer:
ur required profit nd loss appropriation a c. is in this attachment.. go through it.
prepare z's capital a c.
hope this helps and right..
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answer isme hi hai dekh lo bhot dimag kaharb hai par achha hai intresting hai
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