Bat and ball are partner sharing profits in the ratio 3:2with capital of 120000 and 60000 respectively. On 1 october 2017 bat and ball granted loans 240000 and 120000 to the firm bat allowed firm use his property for business monthly rent 5000 the loss of the year 31 march 2018 before rent amounted 9000 show distribution of profit and loss
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"In this inquiry, loan has been given by Bat and Ball to the firm. What's more, the firm is required to pay enthusiasm on such credit, since you did not determine the rate of intrigue, we cannot give you the careful figures of misfortune borne by accomplices.
Likewise, misfortune for the year finished 2018 is given to be Rs 9,000, preceding accommodating any enthusiasm on advances. Presently, when the firm will give enthusiasm on advance at the concurred rate (not determined in the inquiry) to Bat and Ball, the misfortunes would be additionally expanded by the measure of all out enthusiasm because of Bat and Ball.
What's more, the all-out misfortune (9,000 + enthusiasm due) will be dispersed among A and B in the proportion 2:3"
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