Webb12 nov. 2024 · Ram and Mohan are equal partners. Their capitals are ₹ 4,000 and ₹ 8,000 respectively. After the accounts for the year are prepared it is discovered that interest @ … Webb8 aug. 2024 · A and B are partners. A’s Capital is Rs.1,00,000 and B’s Capital is Rs.60,000. Interest on capital is payable @ 6% p.a. B is entitled to a salary of Rs.3,000 per month. Profit for the current year before interest and salary to B is Rs.80,000. Prepare Profit and Loss Appropriation Account. accounting for partnership firms class-12 1 Answer 0 votes
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Webb12 aug. 2024 · 2.Trade Discount is allowed by manufacturers or wholesalers to retailers and traders so as to encourage them to buy goods in bulky quantities. ... Ram and Mohan, two partners, drew for their personal use 1,20,000 and 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of ... WebbCapitals of the partners were `2,00,000 and ` 1,50,000 respectively, and were fixed. The firm earned a profit of `90,575 for the year ended 31st March, 2015. Prepare Profit and Loss Appropriation Account of the firm. Calculation of Interest on Drawings. Q21 Ram and Mohan, two partners, drew for private use `1,20,000 and `80,000.
Webb22 dec. 2024 · 2 See answers Advertisement Advertisement Brainly User Brainly User Answer: see this attachment . I hope it's help you. Advertisement ... Ram and Mohan, two partners, drew for their personal use 1,20,000 and 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of ... Webb8 aug. 2024 · Ram and Mohan are partners in a business. Their capitals at the end of the year were Rs.24,000 and Rs.18,000 respectively. During the year 2015-16, Ram’s …
WebbRam and Mohan, two partners, drew for their personal use ₹1,20,000 and ₹80,000. Interest is chargeable @6% p.a. on the drawings. What is the amount of interest chargeable from … Webb7 aug. 2024 · Brij and Mohan are partners in a firm. They withdrew 48,000 and 36,000 respectively during the year evenly in the middle of every month. According to the …
WebbThis commission is to be shared by the partners in the ratio of 2 : 3 : 2 : 3. A' s Commission ... Ram and Mohan, two partners, drew for their personal use ... interest on drawings is calculated on average basis for a period of six months. Interest on Ram’s Drawings = 1,20,000. Interest on Mohan’s Drawings = 80,000 . Click on Below link for ...
Webb10 mars 2024 · Ram and Mohan, two partners, drew for their personal use ₹ 1,20,000 and ₹ 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of interest … hiding in the closet watchingWebb8 aug. 2024 · Ram and Mohan, two partners, drew for their personal use Rs. 1,20,000 and Rs. 80,000. Interest is chargeable @ 6% p.a. asked Aug 20, 2024 in Accounts by PujaBharti (55.9k points) accounting for partnership firms; class-12; hiding in the blue 意味WebbNeha, a partner, owns a building in which the firm carries its business. The firm pays her R s. 1 0, 0 0 0 as rent of the building. To which account rent will be debited? Medium. View solution > ... Ram and Mohan, two partners, drew for … hiding in the bushes of loveWebbRam and Mohan, two partners, drew for their personal use Rs. 1,20,000 and Rs. 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of interest chargeable from each partner? Medium View solution > Is rent paid to a partner an appropriation of profits? Medium View solution > View more More From Chapter hiding in the blue想表达什么WebbRam and Mohan, two partners, drew for their personal use ₹ 1,20,000 and ₹ 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of interest chargeable from each partner? 2. One of the partners in a partnership firm has withdrawn ₹ 9,000 at the end of each quarter, throughout the year. how far away is siesta key from sarasotaWebbRam and Mohan, two partners, drew for their personal use Rs. 1,20,000 and Rs. 80,000. ... Net profit before providing for partners’ salaries and commission for the year ended 31st March, 2024 was Rs. 4,20,000. Show distribution of profit. Next Post Brij and Mohan are partners in a firm. hiding in the light audiobookWebbram and mohan two partners drew topperbook.com Q & A is a situation in which a person or group of people asks questions and another person or group of people answers them … hiding in the city de liu bolin