A, B and C were partners in a firm .On 1stApril, 2018, their capitals stood at Rs.4,00,000, Rs.3,00,000 and Rs.2,00,000 respectively . As per the provisions of the Partnership Deed:(i)A was entitled to a salary of Rs.5,000 per month . (ii)Partners were entitled to interest on capital @10% p.a.
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i think this question is incomplete, i think that required to prepare p&l app a/c and partners cap a/c
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