Question

X and y are enterded into partnership sharing the profit and losses in the ratio of 3:2 x being a non working partner contributed500000 as his capital on 1 st January2019 y being a working partner agreed to work for the frim the partnership deed provided for Internet on capital@8% and salary to every working partner @2000 p. M net profit before providing for Internet on capital abd partnership salary for the year 2019 was 120000 show the distribution of profit

Answer 1

to every working partner @2000 p. M net profit before providing for Internet on capital abd partnership salary for the year 2019 was 120000 show the distribution of profit

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Answer 2

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to every working partner @2000 p. M net profit before providing for Internet on capital abd partnership salary for the year 2019 was 120000 show the distribution of profit