Accountancy, asked by saxenaharshit509, 3 months ago

17. A, B and C are partners in a trading firm. The firm has a total fixed capital of 60,000 held equally
by all the partners. Under the partnership deed, the partners were entitled to:
(a) A and B to a salary of 1,800 and 1,600 per month respectively.
(b) In the event of death of a partner, Goodwill was to be valued at 2 years' purchase of the
average profits of the last 3 years.
(c) Profits upto the date of death based on the profits of the previous year.
(d) Partners were to be charged interest on drawings at 5% p.a. and allowed interest on Capitals at
6% p.a.​

Answers

Answered by shivamyadav3213
0

I don't know the answer sorry

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