Saved Bookmarks
| 1. |
Show how the following will be recorded in the Capital Accounts of the Partners Sohan and Mohan when their capitals are fluctuating: Sohan(₹) Mohan(₹) Capital on 1st April, 2017 4,00,000 3,00,000 Drawings during 2017 –18 50,000 30,000 Interest on Capital 5% 5% Interest on Drawings 1,250 750 Share of Profit for 2017–18 60,000 50,000 Partner's Salary 36,000 ..... Commission 5,000 3,000 |
||||||||||||||||||||||||
Answer» Show how the following will be recorded in the Capital Accounts of the Partners Sohan and Mohan when their capitals are fluctuating:
|
|||||||||||||||||||||||||