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Mahesh and Ramesh were partners in a firm sharing profits in the ratio of 5:3. Their capitals were rupees 3,00,000 and rupees 2,00,000 respectively.the partnership deed provided that: (a). Interest on capital to be allowed @12% per annum. (b). A commission of 5% of net profit to be allowed to Ramesh. The profit for the year was rupees 1,23,000. Prepare profit and loss appropriation account.? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Mahesh and Ramesh were partners in a firm sharing profits in the ratio of 5:3. Their capitals were rupees 3,00,000 and rupees 2,00,000 respectively.the partnership deed provided that: (a). Interest on capital to be allowed @12% per annum. (b). A commission of 5% of net profit to be allowed to Ramesh. The profit for the year was rupees 1,23,000. Prepare profit and loss appropriation account.? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mahesh and Ramesh were partners in a firm sharing profits in the ratio of 5:3. Their capitals were rupees 3,00,000 and rupees 2,00,000 respectively.the partnership deed provided that: (a). Interest on capital to be allowed @12% per annum. (b). A commission of 5% of net profit to be allowed to Ramesh. The profit for the year was rupees 1,23,000. Prepare profit and loss appropriation account.?.

Solutions for Mahesh and Ramesh were partners in a firm sharing profits in the ratio of 5:3. Their capitals were rupees 3,00,000 and rupees 2,00,000 respectively.the partnership deed provided that: (a). Interest on capital to be allowed @12% per annum. (b). A commission of 5% of net profit to be allowed to Ramesh. The profit for the year was rupees 1,23,000. Prepare profit and loss appropriation account.? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.

Here you can find the meaning of Mahesh and Ramesh were partners in a firm sharing profits in the ratio of 5:3. Their capitals were rupees 3,00,000 and rupees 2,00,000 respectively.the partnership deed provided that: (a). Interest on capital to be allowed @12% per annum. (b). A commission of 5% of net profit to be allowed to Ramesh. The profit for the year was rupees 1,23,000. Prepare profit and loss appropriation account.? defined & explained in the simplest way possible. Besides giving the explanation of Mahesh and Ramesh were partners in a firm sharing profits in the ratio of 5:3. Their capitals were rupees 3,00,000 and rupees 2,00,000 respectively.the partnership deed provided that: (a). Interest on capital to be allowed @12% per annum. (b). A commission of 5% of net profit to be allowed to Ramesh. The profit for the year was rupees 1,23,000. Prepare profit and loss appropriation account.?, a detailed solution for Mahesh and Ramesh were partners in a firm sharing profits in the ratio of 5:3. Their capitals were rupees 3,00,000 and rupees 2,00,000 respectively.the partnership deed provided that: (a). Interest on capital to be allowed @12% per annum. (b). A commission of 5% of net profit to be allowed to Ramesh. The profit for the year was rupees 1,23,000. Prepare profit and loss appropriation account.? has been provided alongside types of Mahesh and Ramesh were partners in a firm sharing profits in the ratio of 5:3. Their capitals were rupees 3,00,000 and rupees 2,00,000 respectively.the partnership deed provided that: (a). Interest on capital to be allowed @12% per annum. (b). A commission of 5% of net profit to be allowed to Ramesh. The profit for the year was rupees 1,23,000. Prepare profit and loss appropriation account.? theory, EduRev gives you an ample number of questions to practice Mahesh and Ramesh were partners in a firm sharing profits in the ratio of 5:3. Their capitals were rupees 3,00,000 and rupees 2,00,000 respectively.the partnership deed provided that: (a). Interest on capital to be allowed @12% per annum. (b). A commission of 5% of net profit to be allowed to Ramesh. The profit for the year was rupees 1,23,000. Prepare profit and loss appropriation account.? tests, examples and also practice Class 12 tests.