1.

reema and seema are partners sharing profit equally. the partnership deed provide both the monthly salary of 15,000 each . intrest on capital will be allowed @5percent and intrest on capital @10 percent p.a their capital is 5,00,000 each and drawing is 60,000 each .T he firm incurred a loss of rs 1,00,000 during the year ended 31st march 2018 prepare a P/L appropriation account ​

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