Question

A, B and C shared profits in the ratio of 3:2:1. Profits for 2020 years were rs 2,40,000. Interest on Drawing rs 2,000 each. Interest on capital rs 2,000 each. Salary rs 2,000 per annum each. Commission rs. 2,000 p.a.each. Prepare profit and loss Appropriation A/c.​

Answer 1

Answer:

400000

Explanation:

Hi everyone I am from Karnataka and my answer is 400000