D,E,F were partners and there profit sharing ratio 5:7:8 fixed capitals D :- 500000, E :- 700000, F :- ₹ 800000. interest on capital @ 10% p.a .salary ₹ 10000 per month to F. interest on Drawings
@ 12% p. a . D withdraw 40000 on 30 April. E withdrew ₹ 50,000 on 30 june, F withdrew ₹ 30,000 on 31 Mar. 2016. Profit
of the year ₹ 3,50,000 prepare profit & loss app.account for 31 Mar 2016.
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