Accountancy, asked by zeeshanahmedqureshi4, 7 months ago

According to Profit and Loss Account, the net profit for the year is ₹25,000. Interest on the loan of a partner is ₹8000 and the Commission of the another partner is ₹1,000. The interest on the drawings of partners is ₹5000. The net profit according
to Profit and Loss Appropriation Account will he-

(a) 25,700

(b) 23,700

(c) 26,300

(d) None of the above.​

Answers

Answered by sameer12355
1

the correct answer is

2370

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