Question

Kumaran Raja were partners in a firm sharing profit in the ratio 7 ratio 3 their fixed capital balkumar 900000 and reserved for the partnership deed provided for the following by the profit for the year was distributor without providing for interest on capital @ 9% per annum salary 50000 for your Raja salary 3000 per month the profit for the year ended 31st March 2018 278000 past adjustment entry​

Answer 1

Answer:

=49nn

Explanation:

Answer 2

Answer:

Hope this helps

Explanation: