Question

8. A and B undertook a joint venture for the construction of a college building Ajo bank account was opened into which A and B deposited Rs. 3.00,000 and Rs 1,00,000 respectively. Profit sharing ratio is 3:2 Other details were: Salaries Rs 33,000, wages Rs 1,90,000, building material purchased

Rs 4,10,000, material supplied by A Rs. 36.000, material supplied by B R$ 35.000. architect fee Rs 28.000, carriage inward Rs 44,000, machinery purchased Rs. 90,000 on the completion construction A took over unused materials of Rs 40,000 B was paid a remuneration of Rs. 30,000 for his services Machinery was sold for Rs. 70.000 Contract price was Rs. 10,60,000 which was duly received. Prepare necessary Ledger Alc
Urgent please ​

Answer 1

Answer:

sorry bro I will follow you bro and than I will follow you bro