Question

की पूँजीकरण
वाला लाभ,8.यावा
* 10,375
On 1st Oct., 2017, Ram and Krishna started a cloth business with capit
al of 10,000
and 8,000 respectively. As per partnership agreement partners were entitled to
get 10% annual interest on their capital and Krishna was entitled to get a salary of
300 per month. Profit and loss of the firm was to be divided equally among the
partners. Each partner was entitled to withdraw 250 per month as drawings with
interest. The accounts were closed on 31st March, 2018 and there was profit of
6.050 before allowing interest and salary.
Prepare partners' Capital Account on 31st March, 2018 according to : (i) Fixed and
(ii) Fluctuatin Canitol and Pranare P & Annronriation Account also
न्ध​

Answer 1

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