Question

Tonmoy is to be paid @ 12000 in cash on retirement and the balance in three equal yearly instalment with interest at 5% per annum.

How will entry in to the partner capital.

Please explain me .

Answer 1

Answer:

please please mark as brainliest answer

Explanation:

$\\ 12000 \times (1 + 5 \div 100)^ 3$

=12000*(105/100)*(105/100)*(105/100)

=

13891.5