Question

Mahesh and Ramesh were partners in Hotel business sharing profit and losses in ratio 3:2. They sold food items across the counter and did home delivery too. Their initial fixed capital contribution was ₹1,00,000 and ₹75,000 respectively. At the end of first year their profit was ₹1,10,000 before allowing the remuneration of ₹2,000 per quarter to Mahesh and ₹3,000 per half year to Ramesh. Such a huge profit in the very first year and along with increase in the demand for home delivery, encouraged them to expand their business. They needed additional capital to meet the demand. Delivery van, few Scotties and an additional person was required to support. Six months later from the beginning of accounting year they decided to admit Usha into partnership and offered her th share in profits along with monthly remuneration of ₹1,500. She was asked to introduce ₹1,20,000 for capital and ₹60,000 for goodwill. Besides this Usha was required to provide ₹80,000 as loan for two years. Usha readily accepted the offer. The terms of the offer were duly accepted and she was admitted as a partner​

Answer 1

Answer:

Weather is the state of the atmosphere, describing for example the degree to which it is hot or cold, wet or dry, calm or stormy, clear or cloudy. On Earth, most weather phenomena occur in the lowest layer of the planet's atmosphere, the troposphere, just below the stratosphere