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Ram & Manohar are partners in a firm sharing Profits & Losses in the Ratio of 7 : 3. On 1st October 2019, Ram granted a loan of Rs. 1,00,000 according to the Partnership Deed. Ram was to be paid salary of Rs. 5,000 per month & Manohar has to get a bonus of Rs. 40,000 per annum. Interest on capital was to be allowed @ 10% P.A. and Interest on drawings was to be charged @ 8% P.A. Ram’s drawings were Rs. 75,000 & Manohar drawings were Rs. 50,000.? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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the CA Foundation exam syllabus. Information about Ram & Manohar are partners in a firm sharing Profits & Losses in the Ratio of 7 : 3. On 1st October 2019, Ram granted a loan of Rs. 1,00,000 according to the Partnership Deed. Ram was to be paid salary of Rs. 5,000 per month & Manohar has to get a bonus of Rs. 40,000 per annum. Interest on capital was to be allowed @ 10% P.A. and Interest on drawings was to be charged @ 8% P.A. Ram’s drawings were Rs. 75,000 & Manohar drawings were Rs. 50,000.? covers all topics & solutions for CA Foundation 2024 Exam.
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Here you can find the meaning of Ram & Manohar are partners in a firm sharing Profits & Losses in the Ratio of 7 : 3. On 1st October 2019, Ram granted a loan of Rs. 1,00,000 according to the Partnership Deed. Ram was to be paid salary of Rs. 5,000 per month & Manohar has to get a bonus of Rs. 40,000 per annum. Interest on capital was to be allowed @ 10% P.A. and Interest on drawings was to be charged @ 8% P.A. Ram’s drawings were Rs. 75,000 & Manohar drawings were Rs. 50,000.? defined & explained in the simplest way possible. Besides giving the explanation of
Ram & Manohar are partners in a firm sharing Profits & Losses in the Ratio of 7 : 3. On 1st October 2019, Ram granted a loan of Rs. 1,00,000 according to the Partnership Deed. Ram was to be paid salary of Rs. 5,000 per month & Manohar has to get a bonus of Rs. 40,000 per annum. Interest on capital was to be allowed @ 10% P.A. and Interest on drawings was to be charged @ 8% P.A. Ram’s drawings were Rs. 75,000 & Manohar drawings were Rs. 50,000.?, a detailed solution for Ram & Manohar are partners in a firm sharing Profits & Losses in the Ratio of 7 : 3. On 1st October 2019, Ram granted a loan of Rs. 1,00,000 according to the Partnership Deed. Ram was to be paid salary of Rs. 5,000 per month & Manohar has to get a bonus of Rs. 40,000 per annum. Interest on capital was to be allowed @ 10% P.A. and Interest on drawings was to be charged @ 8% P.A. Ram’s drawings were Rs. 75,000 & Manohar drawings were Rs. 50,000.? has been provided alongside types of Ram & Manohar are partners in a firm sharing Profits & Losses in the Ratio of 7 : 3. On 1st October 2019, Ram granted a loan of Rs. 1,00,000 according to the Partnership Deed. Ram was to be paid salary of Rs. 5,000 per month & Manohar has to get a bonus of Rs. 40,000 per annum. Interest on capital was to be allowed @ 10% P.A. and Interest on drawings was to be charged @ 8% P.A. Ram’s drawings were Rs. 75,000 & Manohar drawings were Rs. 50,000.? theory, EduRev gives you an
ample number of questions to practice Ram & Manohar are partners in a firm sharing Profits & Losses in the Ratio of 7 : 3. On 1st October 2019, Ram granted a loan of Rs. 1,00,000 according to the Partnership Deed. Ram was to be paid salary of Rs. 5,000 per month & Manohar has to get a bonus of Rs. 40,000 per annum. Interest on capital was to be allowed @ 10% P.A. and Interest on drawings was to be charged @ 8% P.A. Ram’s drawings were Rs. 75,000 & Manohar drawings were Rs. 50,000.? tests, examples and also practice CA Foundation tests.