Accountancy, asked by navjotkaurudhey, 6 months ago

u. Jde UI PIUIL. 23,040, 11001
48.
A B and C are partners sharing profits or losses in the ratio of 2 : 2 : 1 respectively. The terms of
the partnership deed provide :
(a) 5 p.a. interest on capital & drawings.
(b) Salary to A a 400 p.m.
(c) B to get bonus @ 5% on profit before considering the appropriation (a), (b) and (c).
C to get 10% commission on profits after charging (c) and (d) but before charging (a) and (b).
On 1st April 2015. A. B and Chad capitals of 16,000, * 12,000 and 8,000 respectively. A had
introduced * 2.000 on 1st January, 2016. B had no drawings but A's drawings were 400 on
1st October, 2015 and 600 on 31st January, 2016. C regularly withdraw * 200 at the end of each
month
The net profit for the year ended 31st March, 2016 amounted to * 16,210. Distribute the profits​

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Answered by Anonymous
3

Answer:

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