Question

A and B are partner with a capital of 60000 and 20000. Net profit for the current year is 24000.The partnership deed provides the following
1) ​

Answer 1

Answer:

I can't understand your question sorry....

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Answer 2

Answer:

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PARTICULAR AMOUNT PARTICULAR AMOUNT

To IOC A/C: By Profit/loss (net profit) 24000

A- 3600

B-1200 4800 By Interest on drawing:

A-200

To B's Salary A/c 6000 B-100 300

To Profit transferred:

A-6750

B-6750 13500

———— ---------------

24300 24300

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Explanation