Question

4
Saloni and Srishti are partners in a firm. Their capital accounts as on
Apnl 01. 2015 showed a balance of Rs. 2,00,000 and Rs. 3,00.000
respectively. On July 01. 2015. Saloni introduced additional capital of
Rs. 50.000 and Srishti, Rs. 60.000. On October 01 Saloni withdrew Rs.
30.000, and on January 01, 2016 Srishti withdraw, Rs. 15,000 from their
capitals. Interest is allowed @ 8% p.a. Calculate interest payable on capital
to both the partners during the financial year 2015-2016
Ans Soloni- 17,300, Srishti- 27,300
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Answer 1

saloni - 17300 and srishti - 27300

Answer 2

Answer:

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1. Saloni's Interest On capital : 19,000

2. Shristi's Interest On Capital : 27,600

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Explanation:

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See The Attachment My Friend...

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