Accountancy, asked by paras5168179, 7 months ago

Ajay, Binod and Chandra entered into partnership on 1st April 2019 with a capital of 3,00,000, 200,000 and
1,00,000 respectively. In addition to capital Chandra has advanced a loan of 1,00,000. Since they had no agreement
to guide them, they faced following issues during and at the end of the year.
1. Ajay wanted interest on capital to be provided @8% pa but Binod and Chandra did not agree.
2. Chandra wanted that interest on loan be paid to him @ 10% pa but Ajay and Binod wanted to pay @ 5% pa
3. Ajay and Binod demanded to share profits in the ratio of their capital contribution, Chandra is not in
agreement with this proposal.
4. Binod, being working partner, demands a Tump sum payment of 40,000 as remuneration for which other
others partners are not in agreement.
You are required to suggest and help them resolve these issues.
Schub for the year ended sist​

Answers

Answered by aakeshaway021
2

Answer:

dhffj

Explanation:

shjxhjxs djdjhsh djfyshk sjvdg

Similar questions