Accountancy, asked by lavi1525, 2 months ago


X and Y are partners sharing profits in the ratio of 3 : 2. On 1st April 2016 their capital is 3,00,000 and 2,00,000
respectively. The partnership deed provided interest on capital @10%p.a. and salary to Y as ₹12,50 p.m. The net
profit before providing interest on capital and salary amounts to 40,000 for the year ended 31st March, 2017
Show the distribution of profit for the year.​

Answers

Answered by shrivastavasnehlata7
0

Answer:

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