class 12 accountancy dk goel new edition book 2017 question number 44 page number 1.108

what are you asking i dont understand 
 
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Y and z are patners with capitals of 25000 and 15000 on ist april 2016 each partners is entitled to 9% p.a interest on his capital z is entitled to a salary of 6000 p.a together with a commission of 6% of net profit remaining after deducting interest on capitals and salary and charging his commission the profits for the year ended 31Ist mar 2017 before making any of the above mentioned adjustment amount to 30800 prepare partners capital account when capital are fixed .. when capitals are fluctuating
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What u want to ask???..I don't understand the question..
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Please answere tha solution

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Q 61 of admission of partner
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????
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its past adjsutment question... solve it.
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reverse the profits given, charge the necessary items(salary, interest on capital etc) and adjust the excess and shortage among partners
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what you do is that make rough t shape first ok and in credit side wrrite np as 30800
okk

then take interrest on capital 25000*9/100 and same for 15000 *9/100  as  no special treatment is here
no go to nxt line its give salary 6000 pa which is already complete month so directly take 6000 to p/l appropration
okkkk

now take commision line it clearly stattes after deducting all ioc and salary so it come approx21200
now from 21200 * 6/100+6 that is 6/106 take it you will get commisiion ok
now find div profit x= 10000    y=10000 since no psr  we take it as equal partner


now all dr things goes o cr of partner why so it isgain for partneer note this it may ask in viva all why question 100 percent sure will be there in head of viva invillagator
iclud9ing opening balances of capital then balance debit side  thank u
 
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i hope my answer iss right but still i give u a hoint
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Answer to Q 44 D.K Goel 

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Solutions of this 43(A)

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Profit wrongly credited - A (88000) B (88000) C (44000)
IOC           6%                -      24000        15000        6000   
Salaries                          -                         60000       40000
now calculate managers commission 
BOOM!

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Charge B's salary ( 5000 * 12 = 60000 ) and C' salary 10,000 * 4 = 40000 and charge IOC for ever partner only when the partners have a credit balance and charge comission too, you must credit manager's commission since it does not appear in P/L appropriation as it is a charge against profit therefore we credit in the adjusting entry.
Net Profit that was distributed must be debit since it is wrongly credited.
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Sorry next time
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Answer to question no. 44

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According to me this must be solved like this

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Solutions
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the two approaches
to marketing traditional and modern explain in briefly
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Hey
Your answere

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April 2020 online studies please
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Hope u will understand

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answer
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Guddu Ravat
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Answer now please

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1.108 44 page 900000
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Tsbsii
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Awnser of this question is very kong. So, I can't tell u
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answer of this question is very long so I can't tell you
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Here is your answer ??

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I hope this answer is clear your doubt...

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