Question

24. (Interest as a Charge) A and B have capital of 30,000 and 40,000 and they share profit
capital ratio. As per agreement interest on capital is allowed as a charge even if it involves loss
The firm sustain loss of 3,500 and the rate of interests is 10% p.a. Show distribution
Loss/Profit.
Ans. Loss A 4,500; B6,000).​

Answer 1

Explanation:

I don't know sorryyy

I don't know