Q. ( Ambia and Kajal entered into partnership sharing profits and losses in
of 2-1Their capitals wen 90.000 and 2000. The profit during the year
5. According to partnership deed both parmers are allowed salary,200
per month Anubia and 500 per month to Kajal meest is allowed on capital
5* The wings during the period were 300 for Anubhu and 6.500 for Kajal
Interest is be charged @ 5% pa on dwings. Prepare parmers capital account
A. Disible Pro 2.476 Capital Account balance : Anubha 21.09.838 and
2. interest on Drawings: Amalia +213 and Kajal 163.
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Explanation:
capital .....calculate
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