Accountancy, asked by sapna63, 1 year ago

x and y are entered into partnership sharing the profit and losses in the ratio of 3:2.xbeing a non working partner contributed 500000 as his capital on 1st january 2015 .y being a working partner agreed to work for the frim .the partnership deed provides for interest on capital @8℅ and salary to every working partner @2000p.m. net profit before providing for interest on capital and partners salary for the year 2015 was 120000.show the distribution of profit

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Answered by akhi2002bth
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