Accountancy, asked by samiksha5465, 23 hours ago

Ajay and vijay are partners sharing profits in the ratio in the of 3:2 ajay is non - Working partner and contributes Rs. 20.00.000 as his capital Vijay is a working partner of firm , the partnership Deed provides for interest on capital @ 8% and salary to every working partner @ 8.000 per months profit before providing for interest on capital and partners 's salary for the they year ended 31st March 2019 Was Rs. 80.000 show the distribution of profit.

Answers

Answered by royalblood2952003
2

Explanation:

if ioc , salary is bigger than net profit than n.p is distributed among partnera through capital ratio of partners .

Attachments:
Similar questions