A and B are partners According to Profit and loss Account, the Net Profit for the Year is Rs. 2,00,000. The total interest on partners Drawings is Rs. 1000. A’s salary is Rs. 40,000.per year and B’s salary is Rs. 3000 p.m. The net profit as per the Profit and loss Appropriation Account will be: 123000 125000 156000 158000
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