Question

sun moon and star are partners in a firm with fixed capital 100000 75000 50000 moon and star annual salary entitled 3600 and 4200 payable before distribution of profit interest on capital is 6% out of divisible profit first 16000 are divisible in ratio 5:3:2 any profit in excess of 16000 is to be shared equally profit was 50200 after debiting partner salary but before charging interest on capital the partners salary for year were sun 10000 moon 5000 star 2000 balances of partners current account on 1st april 2020 were sun 8000 Cr. moon 6000 Cr. star 4000 Dr. prepare current capital and profit loss appropriation account for 31st march 2021
PLEASE.... PLEASE​

Answer 1

Explanation:

iut 5th x gt ttttttiruukognko