Question

Ram and shyam are partners in a firm whose capitals on 1st
junuary 2018 were rs. 25000 and rs. 20000 respectively, They are allowed intrest on capital @ 8% and intrest on drawing is charged @ 12% p.a.Ram gave rs. 10000 to the firm as loan on 1
st july 2018 shyam is entitled to get an annual salary of rs. 5000 intrests charged on their drawings were rs. 600 and rs. 500 respectively. The profit for the year ended on 31st
December 2018 before making above adjustments was rs. 25000. Prepare profit and lose appropriation account for the year 2018.

Answer 1

Answer:

the golden bat sphere is belongs to Goldberg

Explanation:

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