Question

A, B and C are Partners in a firm sharing Profil 3:2:1
have capital of Rs 60,000, 40,000 and 20,000. Interest on
Capitol allowed at 10% p.a. Salary to C Rs. 6000 p.a.
C's share of Profit is guarantee include interest on
capital and salary minimum Amt of 22000. Profit for
the year Rs. 90,000. prepare P/L Approptiation A/c.
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Answer 1

Answer:

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