Chirag and Ashish were partners sharing profits in the ratio of 3 : 2. Their capitals as on 1st April, 2023 were ₹ 5,00,000 and ₹ 4,00,000 respectively

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Anurag Pathak 24.17K April 22, 2024 0 Comments

Chirag and Ashish were partners sharing profits in the ratio of 3 : 2. Their capitals as on 1st April, 2023 were ₹ 5,00,000 and ₹ 4,00,000 respectively. The Partnership Deed allowed interest on capital @ 8% p.a.

Calculate interest on Capitals of Chirag and Ashish for the year ended 31st March, 2024.

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Anurag Pathak 24.17K Posted April 22, 2024 0 Comments

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