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Tara and Mira are in partnership sharing profits in the ratio of 3 : 2. According to the Partnership Deed, Tara is to get salary of ₹ 10,000 per month

850 viewsApril 24, 2024[ISC] Fundamentals of Partnership

Anurag Pathak28.60K April 24, 2024 0 Comments

Tara and Mira are in partnership sharing profits in the ratio of 3 : 2. According to the Partnership Deed, Tara is to get salary of ₹ 10,000 per month while Mira is to get salary of ₹ 15,000 per month. Net Profit for the year ended 31st March, 2024 is ₹ 6,00,000.

Prepare Profit & Loss Appropriation Account for the year ended 31st March, 2024.

Anurag Pathak Changed status to publish April 24, 2024

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Anurag Pathak28.60K Posted April 24, 2024 0 Comments

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Anurag Pathak Changed status to publish April 24, 2024

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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.

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Tara and Mira are in partnership sharing profits in the ratio of 3 : 2. According to the Partnership Deed, Tara is to get salary of ₹ 10,000 per month

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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