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Sudha, Naresh and Geeta were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Their fixed capitals were ₹ 6,00,000; ₹ 4,00,000 and ₹ 2,00,000 respectively. Besides her capital, Geeta had given a loan of ₹ 75,000 to the firm. Their partnership deed provided for the following: i. Interest on capital @ 9% p.a. ii. Interest on partners’ drawings @ 12% p.a. iii. Salary to Sudha ₹ 30,000 per month and to Naresh ₹ 40,000 per quarter. iv. Interest on Geeta’s loan @ 9% p.a. During the year Sudha withdrew ₹ 50,000 at the end of each quarter; Naresh withdrew ₹ 50,000 at the beginning of each half-year and Geeta withdrew ₹ 70,000 at the end of each half-year. The profit of the firm for the yearended 31-3-2019 before allowing interest on Geeta’s loan was ₹ 7,06,750. Prepare Profit and Loss Appropriation Accoun? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Sudha, Naresh and Geeta were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Their fixed capitals were ₹ 6,00,000; ₹ 4,00,000 and ₹ 2,00,000 respectively. Besides her capital, Geeta had given a loan of ₹ 75,000 to the firm. Their partnership deed provided for the following: i. Interest on capital @ 9% p.a. ii. Interest on partners’ drawings @ 12% p.a. iii. Salary to Sudha ₹ 30,000 per month and to Naresh ₹ 40,000 per quarter. iv. Interest on Geeta’s loan @ 9% p.a. During the year Sudha withdrew ₹ 50,000 at the end of each quarter; Naresh withdrew ₹ 50,000 at the beginning of each half-year and Geeta withdrew ₹ 70,000 at the end of each half-year. The profit of the firm for the yearended 31-3-2019 before allowing interest on Geeta’s loan was ₹ 7,06,750. Prepare Profit and Loss Appropriation Accoun? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sudha, Naresh and Geeta were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Their fixed capitals were ₹ 6,00,000; ₹ 4,00,000 and ₹ 2,00,000 respectively. Besides her capital, Geeta had given a loan of ₹ 75,000 to the firm. Their partnership deed provided for the following: i. Interest on capital @ 9% p.a. ii. Interest on partners’ drawings @ 12% p.a. iii. Salary to Sudha ₹ 30,000 per month and to Naresh ₹ 40,000 per quarter. iv. Interest on Geeta’s loan @ 9% p.a. During the year Sudha withdrew ₹ 50,000 at the end of each quarter; Naresh withdrew ₹ 50,000 at the beginning of each half-year and Geeta withdrew ₹ 70,000 at the end of each half-year. The profit of the firm for the yearended 31-3-2019 before allowing interest on Geeta’s loan was ₹ 7,06,750. Prepare Profit and Loss Appropriation Accoun?.

Solutions for Sudha, Naresh and Geeta were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Their fixed capitals were ₹ 6,00,000; ₹ 4,00,000 and ₹ 2,00,000 respectively. Besides her capital, Geeta had given a loan of ₹ 75,000 to the firm. Their partnership deed provided for the following: i. Interest on capital @ 9% p.a. ii. Interest on partners’ drawings @ 12% p.a. iii. Salary to Sudha ₹ 30,000 per month and to Naresh ₹ 40,000 per quarter. iv. Interest on Geeta’s loan @ 9% p.a. During the year Sudha withdrew ₹ 50,000 at the end of each quarter; Naresh withdrew ₹ 50,000 at the beginning of each half-year and Geeta withdrew ₹ 70,000 at the end of each half-year. The profit of the firm for the yearended 31-3-2019 before allowing interest on Geeta’s loan was ₹ 7,06,750. Prepare Profit and Loss Appropriation Accoun? 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 Sudha, Naresh and Geeta were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Their fixed capitals were ₹ 6,00,000; ₹ 4,00,000 and ₹ 2,00,000 respectively. Besides her capital, Geeta had given a loan of ₹ 75,000 to the firm. Their partnership deed provided for the following: i. Interest on capital @ 9% p.a. ii. Interest on partners’ drawings @ 12% p.a. iii. Salary to Sudha ₹ 30,000 per month and to Naresh ₹ 40,000 per quarter. iv. Interest on Geeta’s loan @ 9% p.a. During the year Sudha withdrew ₹ 50,000 at the end of each quarter; Naresh withdrew ₹ 50,000 at the beginning of each half-year and Geeta withdrew ₹ 70,000 at the end of each half-year. The profit of the firm for the yearended 31-3-2019 before allowing interest on Geeta’s loan was ₹ 7,06,750. Prepare Profit and Loss Appropriation Accoun? defined & explained in the simplest way possible. Besides giving the explanation of Sudha, Naresh and Geeta were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Their fixed capitals were ₹ 6,00,000; ₹ 4,00,000 and ₹ 2,00,000 respectively. Besides her capital, Geeta had given a loan of ₹ 75,000 to the firm. Their partnership deed provided for the following: i. Interest on capital @ 9% p.a. ii. Interest on partners’ drawings @ 12% p.a. iii. Salary to Sudha ₹ 30,000 per month and to Naresh ₹ 40,000 per quarter. iv. Interest on Geeta’s loan @ 9% p.a. During the year Sudha withdrew ₹ 50,000 at the end of each quarter; Naresh withdrew ₹ 50,000 at the beginning of each half-year and Geeta withdrew ₹ 70,000 at the end of each half-year. The profit of the firm for the yearended 31-3-2019 before allowing interest on Geeta’s loan was ₹ 7,06,750. Prepare Profit and Loss Appropriation Accoun?, a detailed solution for Sudha, Naresh and Geeta were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Their fixed capitals were ₹ 6,00,000; ₹ 4,00,000 and ₹ 2,00,000 respectively. Besides her capital, Geeta had given a loan of ₹ 75,000 to the firm. Their partnership deed provided for the following: i. Interest on capital @ 9% p.a. ii. Interest on partners’ drawings @ 12% p.a. iii. Salary to Sudha ₹ 30,000 per month and to Naresh ₹ 40,000 per quarter. iv. Interest on Geeta’s loan @ 9% p.a. During the year Sudha withdrew ₹ 50,000 at the end of each quarter; Naresh withdrew ₹ 50,000 at the beginning of each half-year and Geeta withdrew ₹ 70,000 at the end of each half-year. The profit of the firm for the yearended 31-3-2019 before allowing interest on Geeta’s loan was ₹ 7,06,750. Prepare Profit and Loss Appropriation Accoun? has been provided alongside types of Sudha, Naresh and Geeta were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Their fixed capitals were ₹ 6,00,000; ₹ 4,00,000 and ₹ 2,00,000 respectively. Besides her capital, Geeta had given a loan of ₹ 75,000 to the firm. Their partnership deed provided for the following: i. Interest on capital @ 9% p.a. ii. Interest on partners’ drawings @ 12% p.a. iii. Salary to Sudha ₹ 30,000 per month and to Naresh ₹ 40,000 per quarter. iv. Interest on Geeta’s loan @ 9% p.a. During the year Sudha withdrew ₹ 50,000 at the end of each quarter; Naresh withdrew ₹ 50,000 at the beginning of each half-year and Geeta withdrew ₹ 70,000 at the end of each half-year. The profit of the firm for the yearended 31-3-2019 before allowing interest on Geeta’s loan was ₹ 7,06,750. Prepare Profit and Loss Appropriation Accoun? theory, EduRev gives you an ample number of questions to practice Sudha, Naresh and Geeta were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Their fixed capitals were ₹ 6,00,000; ₹ 4,00,000 and ₹ 2,00,000 respectively. Besides her capital, Geeta had given a loan of ₹ 75,000 to the firm. Their partnership deed provided for the following: i. Interest on capital @ 9% p.a. ii. Interest on partners’ drawings @ 12% p.a. iii. Salary to Sudha ₹ 30,000 per month and to Naresh ₹ 40,000 per quarter. iv. Interest on Geeta’s loan @ 9% p.a. During the year Sudha withdrew ₹ 50,000 at the end of each quarter; Naresh withdrew ₹ 50,000 at the beginning of each half-year and Geeta withdrew ₹ 70,000 at the end of each half-year. The profit of the firm for the yearended 31-3-2019 before allowing interest on Geeta’s loan was ₹ 7,06,750. Prepare Profit and Loss Appropriation Accoun? tests, examples and also practice UPSC tests.