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QUESTION 5
cament Grants
Sale of old furniture
(Book value 37,000)
Interest on fixed deposits
Additional Informati
(0) Sub
Manjeet and Sukrit are equal
partners in a firm having capitals
of Rs. 2,00,000 and Rs. 1,00,000.
After closing the accounts for the
year,it was discovered that
interest on drawings @ 8% p.a.
was omitted to be provided.
Manjeet withdrew Rs. 15000
while Sukrit withdrew Rs. 10,000
during the year. In adjustment
entry :
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Answer:
In the meeting of the Gram Sabha so far what are the problems that are being discussed? What sort of solutions are being suggested?
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