Question

illustration 3. (Computation of Profit) : X, Y & Z are three partners sharing profit and losses equally with capitals of P 30,000, ? 20,000 and ? 15,000 respectively. Each partner is entitled to 5% interest on their capitals . Y and Z are entitled to get a salary of 7 6,000 and 7 4,000 p.a. respectively. Interest on drzwings has been calculated which comes to 3 400, 7 300 and 3 200 of X, Y and Z respectively. The profits for the year prior to calculation of interest on capitals and interest on drawings but after charging the sary of partners was 7 30,577. Z is to be allowed a commission @ 5% on net profit after charging such commission. Prepare the Profit and Loss Appropriation account from the above particulars.​

Answer 1

Answer:

tu Jo rutha to kon hasega tu Jo chuta to kon Karega tu hi to hai aaja main tere pyar mein