Question

Question 5
Armad Bheem and Daniel are partners in a man on April 2019 the balance in their
capital accounts $100d an 8100,000 R$ 6,00 000 and 14.00.000 rapedively. The shared profiis in
the proportion 513 2 respectively Partners are entitled to rerest on capital per amnum and
salary to Bheem a 3,000 per month and a commission on 2,000 to Daniel per the
provisions of the partnership deed
Ahmad's share of protit encluding interest an capital is guaranteed at not less then 25 po pia.
Bheems share profit induding interest on capital but exduding salary is guaranteed at not less
then 55,000 pa any deficiency arising on that account shall be met by Daniel. The profits of the
yearendedBi March2020 amounted to 2116 000. Prepare Profit and Loss Appropriation Account with working note please ​

Answer 1

Answer:

OK thanks for the heads up on the email and sorry for not being in a fluid is a little bit out for my hair today and I just wanted the shoes to go