Question

Akalya and Banu partners sharing profits and losses equally and contributed

Rs 1,00,000 and Rs 2,00,000 respectively on 31.03.2005. Akalya withdrawn Rs.50000 on

1

st july 2005 from his capital. the same date Banu introduced additional capital of

Rs.50000 Interest on capital is provided at 10%. Journalize if capitals are fixed.​

Answer 1

Answer:

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