Question

Ujjal supplied further raw materials costing Rs 15.000 and Sajjal supplied a machine costing Rs 5,000. Ujjal paid Rs 3,000
R$ 5.000 respectively, and the architect's fee which was 2% of the contract price, were met from the Joint Bank Account
RS
5.000 and
Sajjal is entitled to a commission of 1% on the cost of raw materials used. Four of the flats were disposed off at the
Ujjal and Soijal started a joint venture to constru
contract price of each flat was Rs 90,000. Ujjal contributed Rs 2,0
opened in their names. Cost of raw material, wages and other expenses amounting to Rs
for transport charges.
Rs 5.000 and the cost of construction plus 5% profit. The unused raw materials and the machine were taken by Saiken
by oral price here the fifth one was not according to specification and hematerials and the disehind off. This flat was taken
Prepare Joint Venture Account, Joint Bank Account Ujjal Account and Sajjal Account to close the venture​

Answer 1

ujval is the profit of 2 percent of his dad