Question

Interest on capital @ 10% @ 10% @ 10% Net profit for the year after charging partners' salaries but before making other appropriation amounted to 82,206. 5. Bobby, Poppy and Happy are equal partners in a firm. Their capital accounts stood in the books on 31st December, 2016 as Bobby 50,000, Poppy * 45,000 and Happy * 40,000. On 31st December, 2016 the profit and loss account of the firm disclosed a net profit of 70,000. Show for 2016 : (a) Profit and Loss Appropriation Account. (b) Partners' Capital Accounts and Partners' Current Accounts when the Capital Accounts are Fixed. (c) Partners' Capital Accounts when they are Fluctuating, after taking into consideration the following information : (i) Poppy introduced further capital of 15,000 on 1st July, 2016. (ii) The firm took a loan from Happy amounting to 20,000 on 1st March, 2016. (iii) Partners drew cash : Bobby 6,000; Poppy 4,000 ; Happy 3,000. (iv) Interest on capital at 5% per annum. (0) Interest on drawings at 5% per annum. (vi) Partners are to be allowed salaries per annum : Bobby * 8,000 ; Poppy * 7,500; Happy 6,000. (vii) Happy will get a commission of 4% on sales. Sales for 2016 amounted to *75,000. (viii) Current accounts as on 1st January, 2016 : Bobby 8,000 (Cr.); Poppy * 7,000 (Cr.); Happy 6,000 (Cr.).​

Answer 1

Answer:

are a type of subatomic particle with no charge (they are neutral). ... As a result, a neutral atom must have an equal number of protons and electrons

Answer 2

Answer:

Assimilation, in anthropology and sociology, the process whereby individuals or groups of differing ethnic heritage are absorbed into the dominant culture of a society. ... As such, assimilation is the most extreme form of acculturation.