A
Entries
A and B have fixed capitale
Rs 400,000 and Rs 200,000 Lespectivel
and interest on Captal is to be
allowed @ 6% p.a. A will also get
a salary of Rs 2500p.m. and B will
a commission of a Rs 1250p.m.
profit for the year is Rs 30,000
There profit sharing ratio is 2:3.
pass necessary journal entries fir distributing the profits
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hi
tarnslet to the hindi
ple
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Hi friend good morning have a nice day.
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