Question

X Y and Z have capitals of 10,000, 76,000 and 4,000 respectively on which they are
to interest at 5% per annum. The profit in the year, before charging interest on
amounted to 1,600. Profits and Losses are shared equally. Prepare Partner's Capital Acante
and Profit & Loss Accounts.
Ans. Distributed profit : A * 200, B 200 and C 200.]]
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Answer 1

Answer:

Distribution loss A: 966, B: 967, C:966

Answer 2

answer : x 200 y 200 and z 200