Ans. Commission to 2* 4,528]
(Journal Entries for Commission) Pass journal entries for the following:
Commission @5% payable to partner Mohan on profits before charging his
commission. Profits are 50,000
(b) Commission @7% payable to partner Geeta on profits after charging his commission
Profits before commission are 2,14,000.
(c) Fees 2,500 pm payable to partner Kanika.
Also show relevant entries of transfers to profit and Loss Appropriation A/c
Answers
Answered by
0
Answer:
the answer for ur question is b
Similar questions