A.B &C were partners in a firm.their capitals were A=30,000,B=20000 AND C=10000 respectively.according to the partnership deed they were entitled to an interest on capital @5%p.a. in addition t B was entitled to draw a salary of Rs.500 per month.c was entitled to a commision of 5% on the profits after charging the interest on capital,but before charging the salary payable to B .The net profits for the year were Rs.30,000 distributed in the ratio of their capitals without providing for anyof the above adjustments.The profits were to be shared in the ratio 2:1:2.pass the necessary adjustment entry showing the workings clearly

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