Rani and Priya are Partners Darya with capital of Rs 80000 and 60000 Respectively. during the year 2016 Rani windraw RS Room and on, st and on 1st April 2016 10000 st and Paiya Rs 150000 on 1 oct 2016 calculate interest on capital @ 12%.per annum​

Answers 1

Answer:

Particulars Amount Particulars Amount

To Interest on capital

X

Y

To Y

′

s salary

To Manager's commission

To Profit transferred to partners capital a/c

12,000

9,600

6,000

5,000

17,400 By Net profit 50,000

50,000 50,000

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