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Show how the following will be shown in the Capital Accounts of the partner’s John and Mathew when their capitals are fluctuating:
John (₹) Mathew (₹)
Capitals on 1st April, 2022 4,00,000 3,00,000
Drawings during the year ended 31st March, 2023 50,000 30,000
Interest on capitals 5% 5%
Interest on Drawings 1,250 750
Share of profit for the year ended 31st March, 2023 60,000 50,000
Partner’s Salary 36,000
Commission 5,000 3,000

Anurag Pathak Changed status to publish April 15, 2023
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