Ques 14 chapter 1 accounting for partnership firm fundamental class 12 accountancy Please solve

 Q. 14. A, B and C entered into partnership on 1st April 2016 with capitals of Rs 10,00,000,8,00,000 and 5,00,000 respectively. on 1st July 2016, B advanced 2,00,000 and on 1st December 2016 C advanced 1,00,000 by way of loans to the firm.
The Profit and Loss Account for the year ended 31.3.2017 disclosed a profit of  Rs7,70,000 but the partners could not agree upon the rate of interest on loans and the profit sharing ratio. Prepare partner's Capital A/cs and Loan A/cs.
[Ans.Balance of Capital A/cs A Rs 12,53,000 , B Rs 10,53,000 and C Rs 7,53,000
Hint : In the absence of agreement, Interest on loan is to be paid @6% p.a. and profit will be shared equally. 

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