X y and z a partner in a firm on 1st april 2018 their capital stood at 6000 600004 lakh and 200000 respectively as per provision of the partnership deeds why was intended for a commission of 12000 per annum x was intended for salary of 1215 months partners are interested to interest on capital @ 8% per annum profit word to be shared in the ratio of capital net profit for the year ended 31st 2019 was 422403 which was distributed equally without taking into consideration the highway provisions showing the networking clearly fastrack study adjustment entry
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