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Gauri and shankar are partners sharing profit and loss equally. Their capital were 5,00,000 and 6,00,000. Their drawings were ₹ 40,000 and 60,000. The agreement provides for a) Salary to Shankar 600 p.m and to Gauri 13,000 p.a b) Interest on drawings@6%p.a c) Interest on capital@2%p.a d) Interest on loan (taken by the partner's ₹ 2,000 e) Net profit before appropriation ₹ 1,20,000 Prepare: profit and loss appropriation account and capital account under both methods? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Gauri and shankar are partners sharing profit and loss equally. Their capital were 5,00,000 and 6,00,000. Their drawings were ₹ 40,000 and 60,000. The agreement provides for a) Salary to Shankar 600 p.m and to Gauri 13,000 p.a b) Interest on drawings@6%p.a c) Interest on capital@2%p.a d) Interest on loan (taken by the partner's ₹ 2,000 e) Net profit before appropriation ₹ 1,20,000 Prepare: profit and loss appropriation account and capital account under both methods? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Gauri and shankar are partners sharing profit and loss equally. Their capital were 5,00,000 and 6,00,000. Their drawings were ₹ 40,000 and 60,000. The agreement provides for a) Salary to Shankar 600 p.m and to Gauri 13,000 p.a b) Interest on drawings@6%p.a c) Interest on capital@2%p.a d) Interest on loan (taken by the partner's ₹ 2,000 e) Net profit before appropriation ₹ 1,20,000 Prepare: profit and loss appropriation account and capital account under both methods?.

Solutions for Gauri and shankar are partners sharing profit and loss equally. Their capital were 5,00,000 and 6,00,000. Their drawings were ₹ 40,000 and 60,000. The agreement provides for a) Salary to Shankar 600 p.m and to Gauri 13,000 p.a b) Interest on drawings@6%p.a c) Interest on capital@2%p.a d) Interest on loan (taken by the partner's ₹ 2,000 e) Net profit before appropriation ₹ 1,20,000 Prepare: profit and loss appropriation account and capital account under both methods? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of Gauri and shankar are partners sharing profit and loss equally. Their capital were 5,00,000 and 6,00,000. Their drawings were ₹ 40,000 and 60,000. The agreement provides for a) Salary to Shankar 600 p.m and to Gauri 13,000 p.a b) Interest on drawings@6%p.a c) Interest on capital@2%p.a d) Interest on loan (taken by the partner's ₹ 2,000 e) Net profit before appropriation ₹ 1,20,000 Prepare: profit and loss appropriation account and capital account under both methods? defined & explained in the simplest way possible. Besides giving the explanation of Gauri and shankar are partners sharing profit and loss equally. Their capital were 5,00,000 and 6,00,000. Their drawings were ₹ 40,000 and 60,000. The agreement provides for a) Salary to Shankar 600 p.m and to Gauri 13,000 p.a b) Interest on drawings@6%p.a c) Interest on capital@2%p.a d) Interest on loan (taken by the partner's ₹ 2,000 e) Net profit before appropriation ₹ 1,20,000 Prepare: profit and loss appropriation account and capital account under both methods?, a detailed solution for Gauri and shankar are partners sharing profit and loss equally. Their capital were 5,00,000 and 6,00,000. Their drawings were ₹ 40,000 and 60,000. The agreement provides for a) Salary to Shankar 600 p.m and to Gauri 13,000 p.a b) Interest on drawings@6%p.a c) Interest on capital@2%p.a d) Interest on loan (taken by the partner's ₹ 2,000 e) Net profit before appropriation ₹ 1,20,000 Prepare: profit and loss appropriation account and capital account under both methods? has been provided alongside types of Gauri and shankar are partners sharing profit and loss equally. Their capital were 5,00,000 and 6,00,000. Their drawings were ₹ 40,000 and 60,000. The agreement provides for a) Salary to Shankar 600 p.m and to Gauri 13,000 p.a b) Interest on drawings@6%p.a c) Interest on capital@2%p.a d) Interest on loan (taken by the partner's ₹ 2,000 e) Net profit before appropriation ₹ 1,20,000 Prepare: profit and loss appropriation account and capital account under both methods? theory, EduRev gives you an ample number of questions to practice Gauri and shankar are partners sharing profit and loss equally. Their capital were 5,00,000 and 6,00,000. Their drawings were ₹ 40,000 and 60,000. The agreement provides for a) Salary to Shankar 600 p.m and to Gauri 13,000 p.a b) Interest on drawings@6%p.a c) Interest on capital@2%p.a d) Interest on loan (taken by the partner's ₹ 2,000 e) Net profit before appropriation ₹ 1,20,000 Prepare: profit and loss appropriation account and capital account under both methods? tests, examples and also practice Commerce tests.