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Q. 4 A, B and C were partners in a firm sharing profits and losses in the ratio of 3: 3:4. On 1st April 2017 the balances in their Capital and Current Accounts were as follows:Capital AccountsCurrent Accounts400.0005.00,000600.000 C20000 DE10.000 DE150000-Their Partnership Deed provided for the followingla Interest on Capital & 94. p.a.(ti) Salary to A 50.000 per quarterOn 1st January 2016, C had given a loun of |
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Answer» I don't KNOWN ........ |
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