WebbTheir capital contributions were ₹ 2,00,000 and ₹ 1,50,000 respectively. The Partnership Deed provided as follows: (a) Interest on capital be allowed @ 10% p.a. (b) Amit to get a salary of ₹ 2,000 per month and Vijay ₹ 3,000 per month. (c) Profits are to be shared in the ratio of 3 : 2. Net profit for the year ended 31st March, 2024 was ₹ 2,16,000. Webb14 apr. 2024 · It was agreed to allow and charge interest @ 8% p.a. Partnership Deed Provided to allow interest on capital @ 10% p.a. Interest on Drawings was charged ₹ 5,000 each. Profit before giving effect to above was ₹ 2,28,000 for the year ended 31st March, 2024. Prepare Profit and Loss Appropriation Account. Answer – Here is the list of all …
simran and reema are partner sharing profits in the ratio 3:2 their ...
Webb9 apr. 2024 · Watch Balakrishna, Simran, Reema Sen Telugu FULL HD Action Drama Part-9 Tollywood Cinemalu#trendingmovies WebbReema and Seema are partners sharing profits equally. The Partnership Deed provides that both Reema and Seema will get monthly salary of Rs 15,000 each, Interest on Capital will … canadian moose with golf club in antlers
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Webb4 aug. 2024 · Simran and Reema are partners sharing profits in the ratio of 3: 2. Their capitals as on 31st March 2024 were ₹ 2,00,000 each whereas Current Accounts had … WebbX, Y and Z entered into partnership on 1st October, 2024 to share profits in the ratio of 4 : 3 : 3. X, personally guaranteed that Z's share of profit after charging interest on capital @ 10% p.a. would not be less then ₹ 80,000 in any year.Capital contributions were: X – ₹ 3,00,000, Y – ₹ 2,00,000 and Z – ₹ 1,50,000. Profit for the year ended 31st March, 2024 was ₹ … WebbReema and Seema are partners sharing profits equally. The Partnership Deed provides that both Reema and Seema will get monthly salary of Rs 15,000 each, Interest on Capital will … canadian mortgage investment funds