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½ % of net profit to be transferred to General Reserve. Partners are allowed interest on capital @ 5% p.a. and are to be charged interest on drawings @6% p.a. Z is entitled to a salary of 7,000 p.a..X is entitled to a remuneration of 10% of the net profit before making any appropriation.Y is also entitled to a commission of 8% of the net profit before charging interest on drawings but after making all appropriations including commission. During the year X withdrew 1,000 at the beginning of every month, Y 1,000 in the middle of every month and Z 1,000 at the end of every month. On 1st October, 2017, 2 granted a loan of 6,00,000. The net profit of the firm for the year ended on March 31, 2018 before providing for any of the above adjustments was 1,38,000.Prepare Profit and Loss Appropriation A/C for the year ended on March 31 2018 (6)? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about ½ % of net profit to be transferred to General Reserve. Partners are allowed interest on capital @ 5% p.a. and are to be charged interest on drawings @6% p.a. Z is entitled to a salary of 7,000 p.a..X is entitled to a remuneration of 10% of the net profit before making any appropriation.Y is also entitled to a commission of 8% of the net profit before charging interest on drawings but after making all appropriations including commission. During the year X withdrew 1,000 at the beginning of every month, Y 1,000 in the middle of every month and Z 1,000 at the end of every month. On 1st October, 2017, 2 granted a loan of 6,00,000. The net profit of the firm for the year ended on March 31, 2018 before providing for any of the above adjustments was 1,38,000.Prepare Profit and Loss Appropriation A/C for the year ended on March 31 2018 (6)? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for ½ % of net profit to be transferred to General Reserve. Partners are allowed interest on capital @ 5% p.a. and are to be charged interest on drawings @6% p.a. Z is entitled to a salary of 7,000 p.a..X is entitled to a remuneration of 10% of the net profit before making any appropriation.Y is also entitled to a commission of 8% of the net profit before charging interest on drawings but after making all appropriations including commission. During the year X withdrew 1,000 at the beginning of every month, Y 1,000 in the middle of every month and Z 1,000 at the end of every month. On 1st October, 2017, 2 granted a loan of 6,00,000. The net profit of the firm for the year ended on March 31, 2018 before providing for any of the above adjustments was 1,38,000.Prepare Profit and Loss Appropriation A/C for the year ended on March 31 2018 (6)?.

Solutions for ½ % of net profit to be transferred to General Reserve. Partners are allowed interest on capital @ 5% p.a. and are to be charged interest on drawings @6% p.a. Z is entitled to a salary of 7,000 p.a..X is entitled to a remuneration of 10% of the net profit before making any appropriation.Y is also entitled to a commission of 8% of the net profit before charging interest on drawings but after making all appropriations including commission. During the year X withdrew 1,000 at the beginning of every month, Y 1,000 in the middle of every month and Z 1,000 at the end of every month. On 1st October, 2017, 2 granted a loan of 6,00,000. The net profit of the firm for the year ended on March 31, 2018 before providing for any of the above adjustments was 1,38,000.Prepare Profit and Loss Appropriation A/C for the year ended on March 31 2018 (6)? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of ½ % of net profit to be transferred to General Reserve. Partners are allowed interest on capital @ 5% p.a. and are to be charged interest on drawings @6% p.a. Z is entitled to a salary of 7,000 p.a..X is entitled to a remuneration of 10% of the net profit before making any appropriation.Y is also entitled to a commission of 8% of the net profit before charging interest on drawings but after making all appropriations including commission. During the year X withdrew 1,000 at the beginning of every month, Y 1,000 in the middle of every month and Z 1,000 at the end of every month. On 1st October, 2017, 2 granted a loan of 6,00,000. The net profit of the firm for the year ended on March 31, 2018 before providing for any of the above adjustments was 1,38,000.Prepare Profit and Loss Appropriation A/C for the year ended on March 31 2018 (6)? defined & explained in the simplest way possible. Besides giving the explanation of ½ % of net profit to be transferred to General Reserve. Partners are allowed interest on capital @ 5% p.a. and are to be charged interest on drawings @6% p.a. Z is entitled to a salary of 7,000 p.a..X is entitled to a remuneration of 10% of the net profit before making any appropriation.Y is also entitled to a commission of 8% of the net profit before charging interest on drawings but after making all appropriations including commission. During the year X withdrew 1,000 at the beginning of every month, Y 1,000 in the middle of every month and Z 1,000 at the end of every month. On 1st October, 2017, 2 granted a loan of 6,00,000. The net profit of the firm for the year ended on March 31, 2018 before providing for any of the above adjustments was 1,38,000.Prepare Profit and Loss Appropriation A/C for the year ended on March 31 2018 (6)?, a detailed solution for ½ % of net profit to be transferred to General Reserve. Partners are allowed interest on capital @ 5% p.a. and are to be charged interest on drawings @6% p.a. Z is entitled to a salary of 7,000 p.a..X is entitled to a remuneration of 10% of the net profit before making any appropriation.Y is also entitled to a commission of 8% of the net profit before charging interest on drawings but after making all appropriations including commission. During the year X withdrew 1,000 at the beginning of every month, Y 1,000 in the middle of every month and Z 1,000 at the end of every month. On 1st October, 2017, 2 granted a loan of 6,00,000. The net profit of the firm for the year ended on March 31, 2018 before providing for any of the above adjustments was 1,38,000.Prepare Profit and Loss Appropriation A/C for the year ended on March 31 2018 (6)? has been provided alongside types of ½ % of net profit to be transferred to General Reserve. Partners are allowed interest on capital @ 5% p.a. and are to be charged interest on drawings @6% p.a. Z is entitled to a salary of 7,000 p.a..X is entitled to a remuneration of 10% of the net profit before making any appropriation.Y is also entitled to a commission of 8% of the net profit before charging interest on drawings but after making all appropriations including commission. During the year X withdrew 1,000 at the beginning of every month, Y 1,000 in the middle of every month and Z 1,000 at the end of every month. On 1st October, 2017, 2 granted a loan of 6,00,000. The net profit of the firm for the year ended on March 31, 2018 before providing for any of the above adjustments was 1,38,000.Prepare Profit and Loss Appropriation A/C for the year ended on March 31 2018 (6)? theory, EduRev gives you an ample number of questions to practice ½ % of net profit to be transferred to General Reserve. Partners are allowed interest on capital @ 5% p.a. and are to be charged interest on drawings @6% p.a. Z is entitled to a salary of 7,000 p.a..X is entitled to a remuneration of 10% of the net profit before making any appropriation.Y is also entitled to a commission of 8% of the net profit before charging interest on drawings but after making all appropriations including commission. During the year X withdrew 1,000 at the beginning of every month, Y 1,000 in the middle of every month and Z 1,000 at the end of every month. On 1st October, 2017, 2 granted a loan of 6,00,000. The net profit of the firm for the year ended on March 31, 2018 before providing for any of the above adjustments was 1,38,000.Prepare Profit and Loss Appropriation A/C for the year ended on March 31 2018 (6)? tests, examples and also practice UPSC tests.