ABC are partners in a firm having capital of 2 lakh 2 Images water uniform having a capital tula tula tula tula respectively on 1st April 2015 their capital accounting the capital current account balance for 20000 B 10000 se 5000 according to partnership deed the partner related to interest on capital 10% per annum and
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Adjustment entry is as follows: P's capital A/C Dr. 3000 Q's capital A/C Dr. 3900 To R's capital A/C 6900
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Ali is a partner in a firm and withdraw 2000 every month calculate interest on Ali drawing 5% per annum in the begging middle and ending