Question

3. G and H are partners sharing profits equally. Their capitals are * 5,00,000 and 2,00,000 respectively,
On 14 October they decided to make their capitals equal at * 3,00,000 by investing withdrawing whatever
the case may be. The deed provides interest on capital to be payable @ 6% p.a. The interest on capital
payable to both the partners will be:​

Answer 1

Answer:

Accounting or Accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.

Organizations in this sector: Institute of Chartered Accountants in England and Wales