Question: JUST NEED OPTION no need explain NO need for explanation i will rate you Manal and Ruquiya are partners commenced Abaya business on 1st Jan
JUST NEED OPTION
no need explain
NO need for explanation
i will rate you


Manal and Ruquiya are partners commenced Abaya business on 1st Jan 2020. Manal and Ruquiya contributed RO 40,000 and RO 30,000 as their share of capital. The partners decided to share their profits in the ratio of 4:3. The profits of the firm after providing Manal salary and interest on capital were RO 21,000. Calculate the Ruquiya share of Profit? on a. RO 12,000 e b. RO 3,600 c. None of the options d. RO 9,000 Which of the following is advisable for the firm to have in writing, so that it can manage the economic relationship between the partners? a. Realization Deed b. Partnership Deed oc Revaluation Deed d. None of the options Next page Maram and Asma are partners commenced Hypermarket business on 1st Jan 2020. Maram and Asma contributed RO 40,000 and RO 30,000 as their share of capital. The partners decided to share their profits in the ratio of 43. Interest on capital was to be provided @ 9% p.a. The profits of the firm after providing interest on capital were RO 21,000. Calculate the Interest on Capital of Asma? a. RO 7.200 b. RO 2,700 c. RO 3,600 d. None of the options
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