On 1st April 2016 A and B commerce business with capital of 6 lakh and 2 lakh respectively on 31st March 2019 the trading profit was 240000 interest on capital is to be allowed at 6% per annum B was entitled to a salary of 60000 per annum the drawing of the partner a and beware 60 and 40000 respectively the interest on drawing for a wing mm and b 1000 is using that A and B are equal partner prepare the Profit and Loss appropriation account and partner capital account as at 31st March 2019
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Hey dude!!
This is Business to Business ecommerce.
May it will help u✅✅✔
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