John and Mathew are partners Shares profit and loss in the 3-2 Ratio. They admit
Ramesh for 1/6 share in profit. John personally guaranteed that Ramesh's shares of
profit after charging interest on capital @10% per annum would not be less than
30,000 in any year. The capital of John. Mathes and Ramesh are $2.50,000 22,00.000
and 1,50. 000. The profit for the year is 1,50.000 before providing interest on
capital Prepare the Profit and loss appropriation Account if new profit-sheriegato is
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give me answer of 1200000 -1234000
answer is kya
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