R and S are partners sharing profits in the ratio of 2 : 1 . S has advanced a loan of Rs.1,00,000 to the firm on 1st October, 2020 . The net profit earned by the firm for the year ending 31st March , 2021 is Rs 90,000. What will be credited to S's capital account ?
(a) Rs. 60,000
(b) Rs. 30,000
(c) Rs. 29,000
(d) Rs. 32,000
If you can then please also explain it
Answers
Answered by
5
B ) Rs. 30,000
Explanation:
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Answered by
0
Answer:
30000
Explanation:
90000 x 1/3 = 30000
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