91. Yadu, Vidu and Radhu were partners in a firm sharing profits in the ratio of 4:3 3. Their fixed
capitals on 1st April, 2018 were 9,00,000, 500,000 and 4,00,000 respectively. On Ist
November 2018, Yadu gave a loan ofT 80,000 to the firm As per the partnership agreement:
1. The partners were entitled to interest on capital @6 % p.a.
2. Interest on partners' drawings was to be charged @8% p.a.
The firm earned profits of R 2,53,000 (after interest on Yadu's loan) during the year 2018 - 19.
Partners drawings for the year amounted to Yadu: 80,000, Vidu: 70,000 and Radhu: 50,000.
Prepare Profit and Loss Appropriation Account for the year ending 31st March 2019.
[2020]
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Electrical transients are momentary bursts of energy induced upon power, data, or communication lines. They are characterized by extremely high voltages that drive tremendous amounts of current into an electrical circuit for a few millionths, up to a few thousandths, of a second.
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