solution please coz I can't understand
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Explanation:
profit and loss appropriation A/c
Particular Amt particular Amt
To loss b/d 9000 By loss
To intrest on transfer to
Bat loan A/ 7200 Bat capital
To intrest on A/c 7920
ball loan A/c 3600 Ball capital
A/c 11880
19800 19800
Working note
intrest on bat loan
= 240000 × 6/100×6/12
= 7200
Intrest on ball lon
= 1,20,000× 6/100× 6/12
= 3600
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