Student Community

Nimrat, Maira, and Kabir are partners sharing profits in the ratio of 2:2:1. Nimrat is guaranteed a minimum profit of ₹ 1,60,000 per annum.

Anurag Pathak
April 10, 2023
[CBSE] Fundamentals of Partnership Firm, [CBSE] TS Grewal Solutions, Accountancy Class 12th

Anurag Pathak28.60K April 10, 2023 0 Comments

Nimrat, Maira, and Kabir are partners sharing profits in the ratio of 2:2:1. Nimrat is guaranteed a minimum profit of ₹ 1,60,000 per annum. Net Profit for the year ended 31st March 2023 is ₹ 1,00,000.

Prepare Profit and Loss Appropriation Account for the year.

Anurag Pathak Changed status to publish April 11, 2024

Add a Comment

1 Answer

Anurag Pathak28.60K Posted March 31, 2024 0 Comments

Solution:-

Anurag Pathak Changed status to publish March 31, 2024

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8132

Telegram Channel

Telegram Channel

Nimrat, Maira, and Kabir are partners sharing profits in the ratio of 2:2:1. Nimrat is guaranteed a minimum profit of ₹ 1,60,000 per annum.

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions