5(B). (Interest on capital when capital at end is given) X and Y are partners
sharing profits equally. Their capitals for the year ended 31st March,
2019 were 3,00,000 and + 2,00,000 respectively. During the year,
withdrew * 60,000 and Y withdrew * 40,000. On 1st July 2018, Y
introduced further capital 30,000 while X introduced 20.000 on ist
January, 2019. The firm earned 50,000 during this period
Later on, they decided to charge interest on capital @ 8% pa. Compute
Answers
Answered by
2
Answer:
hope it helps you to explain
Explanation:
mark as brianliest
Attachments:
Similar questions