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On 1 January, 2007 Vibhore and Vedang were partners. There capital was Rs. 5,950 and Rs. 3,400 respectively. There was no partnership deed. On 1August, 2001 Vibhore gave a loan of Rs. 1,275 to the firm. Profit during the year2007 was Rs. 2,296.28. Prepare profit and loss appropriation account.IT 7​

Answer»

ratio of 2:2:1. Their capital balances on 01.04.2017 stood at rs 90000, rs 60000 and rs 40000Hope this HELPS ❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️



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