One of the partners in a partnership firm has withdrawn ₹ 9,000 at the end of each quarter, throughout the year
Solution:-
Commerce School
Student Community
Archives Answers
Answer
A and B are partners sharing profits equally. A drew regularly ₹ 4,000 in the beginning of every month for six months ended 30th September
Solution:-
A and B are partners sharing profits equally. A drew regularly ₹ 4,000 at the end of every month for six months ended 30th September
Solution:-
B and C are partners sharing profits equally. C regularly withdrew ₹ 5,000 per month in the beginning of the month
Solution:-
Calculate interest on drawings of Sanjay @ 10% p.a. for the year ended 31st March 2023, in each of the following alternative cases:
Solution:-
The capital accounts of Tisha and Divya showed credit balances of ₹ 10,00,000 and ₹ 7,50,000 respectively
Solution:-
A, B, and C are partners. During the year ended 31st March 2023, each of the partners withdrew ₹ 10,000 regularly. A withdrew in the beginning of the first 6 months
Solution:-
Calculate the amount of Manan’s monthly drawings for the year ended 31st March 2023, in the following alternatives cases
Solution:-
Calculate the amount of Shiv’s quarterly drawings for the year ended 31st March 2023, in the following
Solution:-
Piyush, Harmesh, and Atul are partners. Each partner regularly withdrew ₹ 20,000 per month is given below.
Solution:-