Question

1949
on 1st January 2016 . to Ta gore
2016 . fo Ta gore and Telstoy entered
in to partnership contribution & 6oooo and a 45.000
respectivelty They agreed to shared ponfit and
lasses in the ratio of 3:2 Tolstoy is allowed a
Salary of the throne E 10,000 per year.haterest
oncapital is to be allowed at 10% per annut
During
ore withdraw & scoo and Tolstoy
2 18,000 as drawings. The a beterest on drawing
by Tagene and Tolstoy were & 150 and
& 210 respectivelly, profit as on 31st December
before the above mentioned adjustment
year Tagore
paid by Tagene
2016
3 treo.
Show the Distribution of profit by prepareing
profit and losses Appropriation Account
of the firm Prepare Partnerzo capital
accounts abo.​

Answer 1

Answer:

1949

on 1st January 2016 . to Ta gore

2016 . fo Ta gore and Telstoy entered

in to partnership contribution & 6oooo and a 45.000

respectivelty They agreed to shared ponfit and

lasses in the ratio of 3:2 Tolstoy is allowed a

Salary of the throne E 10,000 per year.haterest

oncapital is to be allowed at 10% per annut

During

ore withdraw & scoo and Tolstoy

2 18,000 as drawings. The a beterest on drawing

by Tagene and Tolstoy were & 150 and

& 210 respectivelly, profit as on 31st December

before the above mentioned adjustment

year Tagore

paid by Tagene

2016

3 treo.

Show the Distribution of profit by prepareing

profit and losses Appropriation Account

of the firm Prepare Partnerzo capital

accounts abo.