CA Foundation Exam  >  CA Foundation Questions  >  Ram & Manohar are partners in a firm sharing ... Start Learning for Free
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.?
Most Upvoted Answer
Ram & Manohar are partners in a firm sharing Profits & Losses in the R...
Ram is a type of computer memory that is used to temporarily store data that the computer is currently using. It stands for Random Access Memory and is essential for running programs and applications on a computer. When a program is opened, its data is loaded into the RAM so that the computer can access it quickly. RAM is volatile memory, meaning that when the computer is turned off, all data stored in RAM is lost. RAM comes in different sizes and speeds, and the amount of RAM a computer has can affect its performance.
Community Answer
Ram & Manohar are partners in a firm sharing Profits & Losses in the R...
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
Explore Courses for CA Foundation exam

Similar CA Foundation Doubts

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.?
Question Description
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 according to 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. Find important definitions, questions, meanings, examples, exercises and tests below 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.?.
Solutions 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.? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
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.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev