Question

A and B started a partnership business on 1st April 2015. They contributed rupees 600000 and rupees 400000 respectively as their capitals.1) Interest on capital and drawing @ 6% per annum2) B is to get monthly salary of rupees 2500 .3) Sharing of profit or loss will be in the ratio of their capital contributions.The profit for the year ended 31st March 2016 before making above appropriations was rupees 207400 . The drawing of A and B were rupees 48000 and rupees 40000 respectively . Interest on drawing amounted to rupees 1500 for A and rupees 1100 for B . Prepare profit and loss appropriation account and partners capital account assuming their capital are fluctuating​

Answer 1

Answer:

najshsbsbsvdvdvdvddvdvdv dag dbsb

Explanation:

jwjsjsbsbs s b. and s s s.s.s s. shana and mannen shajahan and enna bsbsbsbsbsbbsbdbdb dhe she and sBshbs sHw