Question

A and B are partners in a firm.A is entitled to a salary of 3000 per month together with a commission of 10% of net profits before charging any commission. Net profit before charging any salary and commission for the year 2019 was 96000.show distribution of profits.

Answer 1

Answer:

firm.A is entitled to a salary of 3000 per month together with a commission of 10% of net profits before charging any commission.