Question

Mike And Neil are partners Sharing
Losses
in the seatio
Profstand
of 3:7 Thess
Capital in
the beginning of the year 14/2015
werle Rs 2, toooo
and és 3,60,000 respectively. Dostoessbip Deed provides
Fellering
Zotrest on capital to be allowed @ 8% pa
2) Net to be Paid a e
3 Intrest
Salary of es sooo pan
on Drawing to be allowed @ 6%.
Slot mate take on Com. El pic the calculate
no f mooth or take a
* nike
crithdrew Rs 55000
Rs 5soon dating the year
Net Profit before Adjustment from the
year Ending 31/3/2019 has as 5, 58,000
the
everage)
* The
Prepare Projit And Loss
Apropriation
Account for the year
year Ending
31/3/2019,​

Answer 1

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