Question

5.
M, N, O & P are partners in the ratio 4:3:2:1 with capitals of 7 30,000 each carrying interest
@ 10% p.a. Salary to O and P was 6,000 & 7 4,000 respectively.
N has given guarantee to the firm that he would earn 7 20,000 for the firm but could earn
* 18,000 only
O was guaranteed by the firm that he would get minimum profit of 7 12,800.
Net profit of the firm 80,000. Prepare Profit & Loss Appropriation A/c.
[4]​

Answer 1

ek baar question check kro mujhe amounts me confusion hai ek to salary ki amount vo 6000 nahi 60000 hogyi or secondly 0 ko 712800 ki guarantee mil hii nahi sakti itna to profit bhi nahi hai .... but agr book me hai to ek baar check kar do ,,, ya fir book se hii question ki pic le lo