Akhil and Bimal are partners sharing profits in the ratio of 3:2. Akhil gave loan to the form of 1,00,000 on
1st October, 2020. On the same date, the firm gave loan to Bimal of 1,00,000. They do not have an
agreement as to interest.
Akhil had also given his personal property for firm's godown at a monthly rent of 75,000.
Firm earns profit of 1,03,000 (before above adjustments) for the year ended 31st March, 2021. Show the
distribution of profit for the year.
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How different was the scene in the classroom on that day of the last lesson
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