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Chapter 2. Accounting for Partnership Firms-Fundamentals 2.8 0. Akhil and Bimand Bimal are partners sharing profits in the ratio of 3:2. Akhil gave loan to the firm of 1,00,000October, 2019. On the same date, the firm gave loan to Bimal of 1,00,000. They do not havagreement as to interest.i had also given his personal property for firm's godown at a monthly rent of 5,000,eams profit of 1,03,000 (before above adjustments) for the year ended 31st March, 2020.ShFirm eardistribution of profit for the year.bkit Bhanu and Charu are partners in a firm sharing profits and losses equally with capital of 7 |
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Answer» can you PLEASE answer your QUESTION in a bit shorter FORM please. this is a request from me. |
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