Question

ILLUSTRATION 25 (Profit & Loss Appropriation A/e) A and B enters into partnership.
As per Partnership Deed: Account au closed on 813 Dec.
(a) A to receive a Salary of 1,000 per month.
(6) B to be allowed a commission of 1,000.
(c) Interest on A's Loan to the firm, to be fixed at 12% p.a.
(d) Rent of 4,000 is payable to B
(@) Profit sharing ratio amongst A and B should be 1:1.
A has given 10,000 to the firm as loan on 1.7.2014 and trading profits of the firm for
the year 2014 was 32,500. Show the distribution of Profits

Answer 1

Answer:

Pta ni Bai mujhe to .................