X, Y and Z are partners in a firm sharing profits in 2 2 1 ratio The fixed capitals of the partners were X Rs 5,00,000 Y Rs 5, 00, 000 and Rs 2, 50, 000 respectively The Partnership Deed provides that interest on capital is to be allowed 10 p a Z is to be allowed a salary of Rs 2, 000 per month Th...

Profit and loss appropriation account For the year ended 31st ...

X, Y and Z are partners in a firm sharing profits in 2:2:1 ratio. The fixed...

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Fundamental Managerial Accounting Concepts

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X, Y and Z are partners in a firm sharing profits in 2:2:1 ratio. The fixed...

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Fundamental Managerial Accounting Concepts

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