Accountancy, asked by vipul070120027, 7 months ago

P.Qand Rwere partners in a 6 points
firm. On 1st April 2018 their
capital stood 1200000.
800000 and 400000
respectively. As per the
provision of the partnership
deed: 0) Partners were entitled
to interest on capital 8% per
annum () P was entitled for
the salary of 2400 per month
cm) Profit were to be shared in
the ratio of capital (iv) Q was
entitled for commission
24000 per annum. Net profit
for the year ended 31 March
2019 was 8.44,800 which was
distributed equally without
taking into consideration the
above provision, Showing your
working clearly pass
necessary adjustment entry
for the above​

Answers

Answered by Anonymous
2

38. AB and CD are respectively the smallest and

longest sides of a quadrilateral ABCD. Show

that <A> <Cand <B> <D:-

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