Book- Keeping and Accountancy
STANDARD XII
Chapter 1. Introduction to Partnership and Partnership Final Accounts
Page No. in book (9)
Answer the following
Examples 2
2) Karan and Kiran are partners in M/s Mehta Enterprises. They have started business of ready made garments on 1st April 2019 on which date they contribute ` 5,00,000 each as their initial capitals. Karan has withdrawn ` 20,000 and Kiran has withdrawn ` 15,000 for their personal use. Interest on capital is allowed @ 12% and interest on drawing is charged @ 3% p.a. Karan is entitled to get salary, ` 1800 per month, Kiran is allowed to get commission @ 5% on net sales. During the year net sales is ` 2,50,000 and net profit earned during the year is ` 60,000. Prepare partners capital accounts under i) Fixed capital Method ii) Fluctuating Capital Method
With video poker’s rising recognition, the world’s top on-line casinos are constantly releasing new and thrilling video games to the market. We are always on the hunt for the video games offering players one of the best game and return on their guess, and these are five of our favorites for November 2022. Try your luck on one of our more than 1,100 slot, video poker and multi-game machines with denominations ranging from $0.01 to $100. For Slot players, Luxor has hundreds of choices from which to decide on}. From conventional "reel" slot machines to the latest video reel machines to hit the market. Players might go after single 우리카지노 machine progressives, or try for the large bucks on one of our machines with a multi-million greenback top award.
ReplyDelete