Arun and Varun partner in a firm sharing profit and loss equal to their capital on 1st April 2015 were 480000 and 540000 on 1st October 2015 date decide total capital of the first form should be 10,000 to be contributed equally by profit of them according to the partner deed interest on capital is allowed to the part @ 6% you are required to compute interest on capital for the year ending 31st March 2016
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Arun=29400, Barun=31200
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