Question

Kamal and Yogesh are partners sharing profits and losses equally having capitals of 500000 each.
On 1st October, 2018 Kamal and Yogesh advanced loans of * 50,000 and
75,000 respectively to the firm. Interest on loans for the year ended 31st March, 2019
was paid by cheque on 31st March, 2019. Pass Journal entries in the books of the firm.​

Answer 1

Answer:

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Answer 2

Answer:

(3–3) + (2–4)

So (3–3) is 0 and (2–4) is -2

Therefore 0 + (-2) will be equal to (-2)

This the final answer will be -2…

Also there is another way for the solution of the same equation in which we will just interchange the numbers without changing their value… For example, here I am taking it in this way,

(3+2) + (-3-4)

It will be like, (5) + (-7)

So finally it will be 5–7 which will be, -2

Thus, here too the final answer will be