Question

class 12 accounts agerwal questions a b and c are partners their capital were 100000,200000 and 300000.they would receive interest on capital 5%p.a .a would get a salary 5,000per month .b would receive commission 5%of net profit after deduction of commission 10% of divisible profit transfer to general reserve profit for the year were 500000 prepare profit and loss appropriation account solution​

Answer 1

Explanation:

300000.they would receive interest on capital 5%p.a .a would get a salary 5,000per month .b would receive commission 5%of net profit after deduction of commission 10% of divisible profit transfer to general reserve profit for the year were 500000 prepare profit and loss appropriation account solution