the sum of one side of the transversal angle is.... A. 90⁰ B. 180⁰ C. 360⁰D. 270⁰ Other:
Answers
Answer:
13. Paras, Vikas and Nitin are partners in a firm. On 1st January, 2018 their capital was *1,00,000, 280,000 and 60,000 respectively. Their ratio of profit distribution is 3:1:1. Interest @ 5% is given on their capital and Paras gets 8.000 and Vikas 6,000 per annum as salary. During the year the firm eamed profit of 62,000. In the year each partner wwithdrew for personal use 5,000 from the profit. From the above statement prepare Profit and Loss A/c and Partners Capital A/C- (i) By Fixed Capital Method ; and (ii) By Fluctuating Method [ Ans. Net Profit to Paras 21,600. Vikas * 7,200, Nitin 7,200; (1) Balance of Current A/c Paras 29,600, Vikas 12,200, Nitin 5,200 (11) Balance of Capital A/c Paras 1,29,600, Vikas 92,200, Nitin 65,200 ]
13. Paras, Vikas and Nitin are partners in a firm. On 1st January, 2018 their capital was *1,00,000, 280,000 and 60,000 respectively. Their ratio of profit distribution is 3:1:1. Interest @ 5% is given on their capital and Paras gets 8.000 and Vikas 6,000 per annum as salary. During the year the firm eamed profit of 62,000. In the year each partner wwithdrew for personal use 5,000 from the profit. From the above statement prepare Profit and Loss A/c and Partners Capital A/C- (i) By Fixed Capital Method ; and (ii) By Fluctuating Method [ Ans. Net Profit to Paras 21,600. Vikas * 7,200, Nitin 7,200; (1) Balance of Current A/c Paras 29,600, Vikas 12,200, Nitin 5,200 (11) Balance of Capital A/c Paras 1,29,600, Vikas 92,200, Nitin 65,200 ]
Step-by-step explanation:
13. Paras, Vikas and Nitin are partners in a firm. On 1st January, 2018 their capital was *1,00,000, 280,000 and 60,000 respectively. Their ratio of profit distribution is 3:1:1. Interest @ 5% is given on their capital and Paras gets 8.000 and Vikas 6,000 per annum as salary. During the year the firm eamed profit of 62,000. In the year each partner wwithdrew for personal use 5,000 from the profit. From the above statement prepare Profit and Loss A/c and Partners Capital A/C- (i) By Fixed Capital Method ; and (ii) By Fluctuating Method [ Ans. Net Profit to Paras 21,600. Vikas * 7,200, Nitin 7,200; (1) Balance of Current A/c Paras 29,600, Vikas 12,200, Nitin 5,200 (11) Balance of Capital A/c Paras 1,29,600, Vikas 92,200, Nitin 65,200 ]13. Paras, Vikas and Nitin are partners in a firm. On 1st January, 2018 their capital was *1,00,000, 280,000 and 60,000 respectively. Their ratio of profit distribution is 3:1:1. Interest @ 5% is given on their capital and Paras gets 8.000 and Vikas 6,000 per annum as salary. During the year the firm eamed profit of 62,000. In the year each partner wwithdrew for personal use 5,000 from the profit. From the above statement prepare Profit and Loss A/c and Partners Capital A/C- (i) By Fixed Capital Method ; and (ii) By Fluctuating Method [ Ans. Net Profit to Paras 21,600. Vikas * 7,200, Nitin 7,200; (1) Balance of Current A/c Paras 29,600, Vikas 12,200, Nitin 5,200 (11) Balance of Capital A/c Paras 1,29,600, Vikas 92,200, Nitin 65,200 ]
Answer:
90
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