Question

Raj and Ram entered into a partnership on 1-1-2019 their capitals were Rs. 1,52,000 and Rs. 32,000 respectively. For the six months ended 30th Jan, 2019 they made a profit of Rs. 42,800 before allowing 5% p.a interest on capitals and Rs. 6,000 as salary to Ram. Raj drew Rs. 24,800 Ram Rs. 14,000 as Drawings. The profits were shared by Raj and Ram in 4:1 ratio. Prepare the Profit and Loss Appropriation A/c and the accounts of the partners as on 30th June 2019 both under a) Fluctuating b) Fixed Capital.
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Answer 1

Answer:

Yes it is OK but what is your question.

I will edit my answer.