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Partners321. Ajay, vijay and sweesh are theTheir capitals at the time of payment of eastsharing profit and loss in the ratioinstallment are Rs. 18000, RS svo and Rs 800respectively, cast installment of 2 7100wasreceived a 1200 was spent out of 2 1500 keptfordissolutionexpense,the relasationloss will be(.as reserve |
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Answer» Explanation: Ajay and Vijay are PARTNERS in a FIRM. Their capital ACCOUNTS as on April 1, 2015 showed a balance of Rs 2,00,000 and Rs 3,00,000 respectively. On 1st july,2015, Ajay INTRODUCED additional capital of Rs 50,000 and Vijay, Rs. 60,000. On 1st Oct, Ajay withdrew Rs 30,000, and on 1st Jan, 2016 Vijay withdraw, Rs 15,000 from their capitals. Interest is allowed @ 8% p.a. Mark as brilliant |
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