In excise one dealer gives us two invoice. one is only tax
invoice and other is duplicate for transporter.and both are
are the different serial no so in which bill is posted in
accoounting transactions.
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Answer / anuj sharma
The Second one Duplicate for transporter invoice we can
used for taking the cenvat
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A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.
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