* 26,235 * 10/110 = 2.385, Divisible Profit 3 23,850 in ratio
share 14,310, Y's share 9,5401
28(B). (Commission to partners and reserve) Alpha and Beta are partners with
a capital * 1,00,000 and 80,000 respectively. The net profit of the firm
for the year ending 31st March, 2020 amounted to 1,05,625 before
considering the following adjustments:
(i) Alpha advanced loan to firm amounting to 350,000 on 1st October,
2019
(11) Interest on capital and interest on drawing is 5 p.a.
(iii) Drawing of Alpha is 320,000 and Beta is 3 15,000.
(iv) Alpha was allowed commission @ 3% on conducting sales
4,00,000
(v) Beta was allowed commission @5% on distributable profit after
charging all commission.
(vi) It was also decided to keep 10% of divisible profit to Reserve Fund.
Answers
Answered by
0
Answer:
300,111
70000
80006=€€÷£=^;"?"%#*@¥^$^@₩#$¥$$*#_€÷£=_*=8yuirtejekdJhyteuekdgx
Answered by
0
Answer:
666⁷7______€€=77777667789999₹₹£_6544
48
Explanation:
4₹7777777566_^%^€&^^_€&
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