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Calculation of Interest on Partners' Capitals
26. A and B are partners in the ratio of 3 : 2. The firm maintains Fluctuating Capital Accounts and the balan
Loung
of the same as on 31st March, 2020 amounted to 1,60,000 and 1,40,000 for A and B respectively
drawings during the year were 30,000 each
As per Partnership Deed, interest on capital @ 10% p.a. on opening capitals had been provided to the
Calculate opening capitals of partners given that their profit was 90,000. Show your workings clearly
(CBSE Sample Paper 2012
(Ans.: Opening Capital:A-1,38,3648_1
27. Following is the extract
Doubt
10 x4
110
Answers
Answered by
1
Answer:
Oh my friend 10x 4 = 40
right. just add 40 again
so, 40+ 40 = 80
now add only 20
so, 80 + 20 = 100
okay
not add the no. you multiplyed with 4 mean you add 10
so, 100+ 10 = 110
Hence proved
Answered by
2
Answer:
- i hope this pls mark me brInlist
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