Part 2of ques16

Part 2of ques16 FIRMS - ofinterest, V) ewill.get ouncommission). OO,OOO monthforthe use ofhis premisesby naeesdu»ingsfortheyearwere : P— and Q — 00,000. Turnover forthe 0000,000. After considering the above factors, you are required prepare the profil and loss Appropriation Account and the Capital Accounts Of the 0,9400 and Q Balance of Capital Alcs P : —Rent l.Xand Yare paflners in a fir

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