8/ X and Y are partners. As on 1st April, 2018, the capital of the firm was 45,000 out of<br />which 30,000 stood to the credit of X and 15,000 to the credit of Y. Profits and Losses<br />are to be divided in ratio 2 : 1. During year ended 31st March, 2019, Y's Drawings were<br />3,000. Both X and Y are entitled to annual salary of 5,000 each and interest on capital @<br />5% per annum .<br />It was given that combined closing capital of X and Y on 31st March, 2019 is 1,00,000<br />You are required to make Capital Accounts of Partners.
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