C:2,000 (1,000+ 1.6
12. Write up the capital and current accounts of the partners A and B from
following:
A
B
Rs.
Rs.
Capital on 1.1.94
40,000 35,000
Current Accounts on 1.1.94 (Cr.)
200
100
Drawings during 1994
8,000 7,000
Interest on drawings
200
100
Share of Profit for 1994
4,200 3,300
Interest on Capital
6%
6%
Salary
3,600
Nil
[Ans: Current Ale Balances : A- Rs. 2,200 (Cr.) B Rs. 1,600
13. Anand and Barva started a Partnership business on 1st January 1989 with capita
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