A and b are partners sharing profit and loss in ratio of 3:2 having capitalaccount balances of rs 50000 and rs 40000 on 1st april 2017,a introduced rs 10000 as his additional capital whereas b introduced only rs 1000 interest on capital is allowed to partners @10% p.a. calculate interest on capital for financial year ended 31 st march 2018
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3
I suppose There is no work of PRS
still I tried
Hope it helps
still I tried
Hope it helps
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Answered by
18
Calculated according to the months
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