Interested to Buy Any Domain ? << Click Here >> for more details...
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.
- 1 Answers
- 6932 Views
- I also Faced
- E-Mail Answers
Explain what a deferred asset is and give an example?
What is quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com
How many types of accounts may be in a company.
What is royalty reserve?
how to create salary and pf statement in excel sheet?
commision of rs-150 paid but charged to interest account,journal entry
how will rectify the error in trial balance.
what is indian currary (but not rupee) like bound etc...
What is suspence a\c? why it should not transferred to the balance sheet?
Why loss shown in as Assets in Balance Sheet?
What is the accounting entries for future dated payment method
What is the difference between a provisions and reserves?
Audit 
