Question

Sanyam, Charvi and Yuvraj are partners in a firm. Yuvraj has been given a guarantee of minimum profit of ₹ 14,000 by the firm. Firm incurred a loss of ₹ 6,000 during the year. Capital accounts of Sanyam and Charvi will be debited by? answer in one word
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Answer 1

Answer:

rs 8000 each

Explanation:

Yuvraj has been given guarantee of minimum profit of rs 14000 but firm incurred liss of rs 6000

Yuvraj share in loss 6000/3=2000 so his deficiency increase by 14000+2000=16000 which is borne by Sanyam and Charvi in equal ratio

Answer 2

Answer:

The answer is 10000 as the question is silent so we will take the ratios equally

as the Yuvraj is guaranteed of the minimum profit of 14000 the firm has a loss of 6,000 so sanyam and share we will bare both things equally therefore the loss will be borne equally as 3000 from sanyam and 3000 from chhavi and 7000 minimum profit guaranteed by sanyam and 7000 minimum profit guaranteed by Chari therefore both of them will inccur 10,000 each which is 7000 + 3000 equal to 10000