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R&L were partners sharing profit and losses in 3:2 .They have capitals as on 31st March 2017 Rs 60,000 and Rs 40,000 respectively .They withdrew for personal use Rs 4000 and Rs 6000 .R is introducing capital into firm Rs 30,000 .P & L A/ c show a balance of Rs 90,000 on that date interest on capital is allowed to partners @ 10% pa as per deed appropriation .calculate interest on capital and pass journal entries. for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared
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R&L were partners sharing profit and losses in 3:2 .They have capitals as on 31st March 2017 Rs 60,000 and Rs 40,000 respectively .They withdrew for personal use Rs 4000 and Rs 6000 .R is introducing capital into firm Rs 30,000 .P & L A/ c show a balance of Rs 90,000 on that date interest on capital is allowed to partners @ 10% pa as per deed appropriation .calculate interest on capital and pass journal entries., a detailed solution for R&L were partners sharing profit and losses in 3:2 .They have capitals as on 31st March 2017 Rs 60,000 and Rs 40,000 respectively .They withdrew for personal use Rs 4000 and Rs 6000 .R is introducing capital into firm Rs 30,000 .P & L A/ c show a balance of Rs 90,000 on that date interest on capital is allowed to partners @ 10% pa as per deed appropriation .calculate interest on capital and pass journal entries. has been provided alongside types of R&L were partners sharing profit and losses in 3:2 .They have capitals as on 31st March 2017 Rs 60,000 and Rs 40,000 respectively .They withdrew for personal use Rs 4000 and Rs 6000 .R is introducing capital into firm Rs 30,000 .P & L A/ c show a balance of Rs 90,000 on that date interest on capital is allowed to partners @ 10% pa as per deed appropriation .calculate interest on capital and pass journal entries. theory, EduRev gives you an
ample number of questions to practice R&L were partners sharing profit and losses in 3:2 .They have capitals as on 31st March 2017 Rs 60,000 and Rs 40,000 respectively .They withdrew for personal use Rs 4000 and Rs 6000 .R is introducing capital into firm Rs 30,000 .P & L A/ c show a balance of Rs 90,000 on that date interest on capital is allowed to partners @ 10% pa as per deed appropriation .calculate interest on capital and pass journal entries. tests, examples and also practice Class 12 tests.