Question

A ,B ,and c partners sharing profit and losses in the ratio of A 1/2, B 3/10 ,C 1/5 after providing for intrest @ 5% on their respective capitals viz A 50000 ,B 30000, C 20000 and allowing B and c a salary of 5000 each per anum . during the year ended 31 march 2019 A has drawn 10000 and B and C in addition to their salaries have drawn 2500 and 1000 respectively profit and loss account Account for the year ended 31 march 2019 showed a net profit 45000 on 1 April 2018 the balance in the current account of the partners were A cr 4500 B cr 1500 C cr 1000 intrest is not charged on Drawing of current account balance show partners capital and current Accounts as at 31 march 2019 after diveson of profit in accordance with the partnership agreement.​

Answer 1

Answer:

ancdefghijklmnopqrstuvwxyz.,; ;,. zyxwvutsrqponmlkjihgfecsca