Prepare profit and loss Appropriation Account and the accounts of the partner as on 31st December, 2018 when (a) the - Accountancy - Accounting for Partnership Basic Concepts

Question

Prepare profit and loss Appropriation Account and the accounts of
the partner as on 31st December, 2018 when (a) the capital are
fixed and (b) the capital are fluctuating

Rachna Puneet Mehta · Accepted Answer

Solution:
<img alt="" src=
"https://s3mn%20mnimgs%20com/img/shared/content_ck_images/ck_62c9d082822c9%20jpg"
style="width: 768px; height: 1024px;">
Working note:when interest on drawings period is not given then
average period of 6 months will be taken
Note:
You are requested to post the thread again for fluctuating account
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Prepare profit and loss Appropriation Account and the accounts of the partner as on 31st December, 2018 when (a) the capital are fixed and (b) the capital are fluctuating.