I.C=700 DEPRECIATION=80 CHANGE IN STOCK= -50 SUBSIDY=60 CALCULATE SALES
ABC entered into partnership on 1st April 2016 with capital of the slack 800005 Lux respectively on 1st July 2016 BA advance Dholak on 1st December 2016 advance 100000 by way of loan to the form the profit and loss account for the year ended 31st 3 2017 disclose the profit of 770001 the partners could not agree upon the rate of interest on loan and the profit sharing ratio prepare partners capital account and loan account