Accountancy, asked by yash79022, 8 months ago

Anju and Reena are partners of a firm sharing profits and losses in the ratio of 2:1.

Their capital, were Rs. 180,000 and Rs. 160,000. The profit during the year were Rs. 50,000.

According to partnership deed, both partners are allowed salary, Rs. 2000 per month to

each partner. Interest allowed on capital @ 10%p.a. The drawings at the end of the period

were Rs. 7,500 for Anju and Rs. 5,500 for Reena. Interest is to be charged @ 5% p.a. on

drawings. Prepare partners’ capital accounts, assuming that the capital account are

fluctuating.​

Answers

Answered by adhirajsingh7
3

Answer:

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Answered by vidya1112
3

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