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What will be the salary of a person in th year 2020, whose salary in the year 2016 is Rs. 10,000/-, which increases Rs. 1500/- every year ? Spam answers will be reported. |
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Answer» -step explanation:ANSWER Profit And Loss Account Particulars Amount Particulars AmountTo Manager;s commission(15000*5/100) 750 By profit before B's Salary(12500+2500) 15000To NET profit T/f toP/L AppropriationAccount 14250 TOTAL 15000 Total 15000 Profit And Loss Appropriation Account Particulars Amount Particulars Amount To INTEREST on capitalA = 50000*6% = 3000B=30000*6% = 1800 4800 By net profit 14250 B's Salary 2500 To profit T/f toA's Capital A/c = 4170B's Capital A/c = 2780 6950 Total 14250 Total 14250 Partners capital account Particulars A B Particulars A B By bal b/d 50000 30000 By Int on capital 3000 1800 salary 2500 To bal c/d 57170 37080 By P/L APPR A/c 4170 2780 Total 57170 37080 Total 57170 |
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