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52. Ram and Lakhan entered into a partnership on 1st July, 2017 by contributing Rs. 20,000 and Rs. 30,000 respectively, on the same day Ram also brought into the business machinery casting Rs. 10,000. As per partnership deed interest is chargeable on capitals and drawings @10% p.a. They will share profits and losses in equal ratio and entitled to withdraw Rs.6,000 p.a. each in equal monthly instalments during the year. But they draw Rs. 4,500 each as the financial year ended 31st March. On this date their Profit and Loss Account shows a profit of Rs. 10.000 (before taking into account the provisions of deed). Show the P&L Appropriation Account and Capital Accounts of the partners for the year ending on 31st March, 2018? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about 52. Ram and Lakhan entered into a partnership on 1st July, 2017 by contributing Rs. 20,000 and Rs. 30,000 respectively, on the same day Ram also brought into the business machinery casting Rs. 10,000. As per partnership deed interest is chargeable on capitals and drawings @10% p.a. They will share profits and losses in equal ratio and entitled to withdraw Rs.6,000 p.a. each in equal monthly instalments during the year. But they draw Rs. 4,500 each as the financial year ended 31st March. On this date their Profit and Loss Account shows a profit of Rs. 10.000 (before taking into account the provisions of deed). Show the P&L Appropriation Account and Capital Accounts of the partners for the year ending on 31st March, 2018? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 52. Ram and Lakhan entered into a partnership on 1st July, 2017 by contributing Rs. 20,000 and Rs. 30,000 respectively, on the same day Ram also brought into the business machinery casting Rs. 10,000. As per partnership deed interest is chargeable on capitals and drawings @10% p.a. They will share profits and losses in equal ratio and entitled to withdraw Rs.6,000 p.a. each in equal monthly instalments during the year. But they draw Rs. 4,500 each as the financial year ended 31st March. On this date their Profit and Loss Account shows a profit of Rs. 10.000 (before taking into account the provisions of deed). Show the P&L Appropriation Account and Capital Accounts of the partners for the year ending on 31st March, 2018?.

Solutions for 52. Ram and Lakhan entered into a partnership on 1st July, 2017 by contributing Rs. 20,000 and Rs. 30,000 respectively, on the same day Ram also brought into the business machinery casting Rs. 10,000. As per partnership deed interest is chargeable on capitals and drawings @10% p.a. They will share profits and losses in equal ratio and entitled to withdraw Rs.6,000 p.a. each in equal monthly instalments during the year. But they draw Rs. 4,500 each as the financial year ended 31st March. On this date their Profit and Loss Account shows a profit of Rs. 10.000 (before taking into account the provisions of deed). Show the P&L Appropriation Account and Capital Accounts of the partners for the year ending on 31st March, 2018? 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 52. Ram and Lakhan entered into a partnership on 1st July, 2017 by contributing Rs. 20,000 and Rs. 30,000 respectively, on the same day Ram also brought into the business machinery casting Rs. 10,000. As per partnership deed interest is chargeable on capitals and drawings @10% p.a. They will share profits and losses in equal ratio and entitled to withdraw Rs.6,000 p.a. each in equal monthly instalments during the year. But they draw Rs. 4,500 each as the financial year ended 31st March. On this date their Profit and Loss Account shows a profit of Rs. 10.000 (before taking into account the provisions of deed). Show the P&L Appropriation Account and Capital Accounts of the partners for the year ending on 31st March, 2018? defined & explained in the simplest way possible. Besides giving the explanation of 52. Ram and Lakhan entered into a partnership on 1st July, 2017 by contributing Rs. 20,000 and Rs. 30,000 respectively, on the same day Ram also brought into the business machinery casting Rs. 10,000. As per partnership deed interest is chargeable on capitals and drawings @10% p.a. They will share profits and losses in equal ratio and entitled to withdraw Rs.6,000 p.a. each in equal monthly instalments during the year. But they draw Rs. 4,500 each as the financial year ended 31st March. On this date their Profit and Loss Account shows a profit of Rs. 10.000 (before taking into account the provisions of deed). Show the P&L Appropriation Account and Capital Accounts of the partners for the year ending on 31st March, 2018?, a detailed solution for 52. Ram and Lakhan entered into a partnership on 1st July, 2017 by contributing Rs. 20,000 and Rs. 30,000 respectively, on the same day Ram also brought into the business machinery casting Rs. 10,000. As per partnership deed interest is chargeable on capitals and drawings @10% p.a. They will share profits and losses in equal ratio and entitled to withdraw Rs.6,000 p.a. each in equal monthly instalments during the year. But they draw Rs. 4,500 each as the financial year ended 31st March. On this date their Profit and Loss Account shows a profit of Rs. 10.000 (before taking into account the provisions of deed). Show the P&L Appropriation Account and Capital Accounts of the partners for the year ending on 31st March, 2018? has been provided alongside types of 52. Ram and Lakhan entered into a partnership on 1st July, 2017 by contributing Rs. 20,000 and Rs. 30,000 respectively, on the same day Ram also brought into the business machinery casting Rs. 10,000. As per partnership deed interest is chargeable on capitals and drawings @10% p.a. They will share profits and losses in equal ratio and entitled to withdraw Rs.6,000 p.a. each in equal monthly instalments during the year. But they draw Rs. 4,500 each as the financial year ended 31st March. On this date their Profit and Loss Account shows a profit of Rs. 10.000 (before taking into account the provisions of deed). Show the P&L Appropriation Account and Capital Accounts of the partners for the year ending on 31st March, 2018? theory, EduRev gives you an ample number of questions to practice 52. Ram and Lakhan entered into a partnership on 1st July, 2017 by contributing Rs. 20,000 and Rs. 30,000 respectively, on the same day Ram also brought into the business machinery casting Rs. 10,000. As per partnership deed interest is chargeable on capitals and drawings @10% p.a. They will share profits and losses in equal ratio and entitled to withdraw Rs.6,000 p.a. each in equal monthly instalments during the year. But they draw Rs. 4,500 each as the financial year ended 31st March. On this date their Profit and Loss Account shows a profit of Rs. 10.000 (before taking into account the provisions of deed). Show the P&L Appropriation Account and Capital Accounts of the partners for the year ending on 31st March, 2018? tests, examples and also practice UPSC tests.