Question

A and B have capital of 30,000 and 40,000and they share profit in capital ratio as per agreement intrest on capital is allowed as a charge even if it involves losses the firm sustain loss of 3500 and the rate if intrests is 10% pa show distribution of loss and profit

Answer 1

Answer:

Explanation:

s allowed as a charge even if it involves losses the firm sustain loss of 3500 and the rate if intrests is 10% pa show distribution of loss and profit