On 1st january 2017 ram and krishna started our clothes business with capital of rupees 10000 and rupees 8000 respectively as per partnership agreement partners their title to get 10% annual interest on their capital and pressure of was entitled to get a salary of rupees 300 per month profit and loss of the form was the first to be divided equally among the partners each partners are entitled to withdrawal rupees 250 per month as drawing with interest the accounts were closed on 30 june 2017 and there was profit of rupees 6050 before allowing interest and salary . prepare partners capital account on 30th june 2017 according to : 1 . fixed and 2. fluctuating capital and prepare p&l appropriation account also.
Answers
Answer:
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Explanation:
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