Accountancy, asked by kristy28, 1 year ago

A and B are partners sharing profit in the ratio of 3:2 their capital balance on 1st April 2013 where rupees 70,000 and rupees 50000 on 2nd July 2013 A introduction to rupees 30000 B introduced to Rs 10,000 interest on capital is allowed head 10% calculate interest on capital if accounts are closed on 31st March every year

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Answered by babushall
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A and B are partners sharing profit in the ratio of 3:2 their capital balance on 1st April 2013 where rupees 70,000 and ...

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