A and B are partners sharing profits in the ratio of 3 : 2 with capitals of ₹ 50,000 and ₹ 30,000 respectively. Interest on cpital is agreed @ 6% p.a. B is to be allowed an annual salary of ₹ 2,500. During the year profit prior to interest on capital but after charging B’s salary amounted to ₹ 12,500. A provision of 5% of the profits if to be made in respect of Manager’s Commission.

A and B are partners sharing profits in the ratio of 3 : 2 with capita

1.	A and B are partners sharing profits in the ratio of 3 : 2 with capitals of ₹ 50,000 and ₹ 30,000 respectively. Interest on cpital is agreed @ 6% p.a. B is to be allowed an annual salary of ₹ 2,500. During the year profit prior to interest on capital but after charging B’s salary amounted to ₹ 12,500. A provision of 5% of the profits if to be made in respect of Manager’s Commission.
Answer» e good questionPass the FOLLOWING transactions through proper books to the Ledger. TAKE out a Trial Balance as on 31st January, 2018. The Cash Book must be balanced.Transactions marked * are intra-state transactions SUBJECT to CGST and SGST @ 6% each.Transactions marked ** are inter-state transactions subject to IGST @ 12%.PLEASE mark as brainliest ❤️Follow me

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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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