amrit pal and rajkumar started a partnership business on 1.1.2017 with capital contribution of₹50000 and ₹40000 respectively sharing profits in the ratio of 2:3.During the year they earned a profit of ₹30000 after all appropriation.According to the partnership deed both the partners are entitled to ₹1000 per month as salaries and 5% interest on capital.their drawings during the year amounted
to ₹10000 and ₹60000 respectively prepare partner's capital acc when: capital is fixed and when capital is fluctuating
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please ask one question in one time because this confuses our answer by so many values
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