Question

Amrit pal and Raj Kumar started a partnership business on 1.1.2017 with capital contributionof rupees 50000 and 40000 respectively sharing profits in the ratio of 2 is to 3 during the year they earned a profit of 30000 after all appropriation according to the partnership deed for both the partners are entitled to 1000 per month salary 75% interest as capital their drive during the year amounted to 10000 and 6000 respectively prepare partners capital account when capital is fluctuating

Answer 1

$\huge\mathtt{\fbox{\red{Answer}}}$

partners are entitled to 1000 per month salary 75% interest as capital their drive during the year amounted to 10000 and 6000 respectively prepare partners capital account when capital is fluctuating