On 1-1-2015 balance in capital account of partner was Rs. 1,00,000. He introduced certain amount on...
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On 1-1-2015 balance in capital account of partner was Rs. 1,00,000. He introduced certain amount on 1-5-2015. As per partnership deed interest on capital is to be provided @ 12% p.a. If Profit & Loss Appropriation A/c is debited for Rs. 18, 000 as interest on capital, how much amount was introduced by the partner on 1-5-2015? A B с D Rs. 18,000 Rs. 60,000 Rs. 75,000 Rs. 1,00,000 On 1-1-2015 balance in capital account of partner was Rs. 1,00,000. He introduced certain amount on 1-5-2015. As per partnership deed interest on capital is to be provided @ 12% p.a. If Profit & Loss Appropriation A/c is debited for Rs. 18, 000 as interest on capital, how much amount was introduced by the partner on 1-5-2015? A B с D Rs. 18,000 Rs. 60,000 Rs. 75,000 Rs. 1,00,000
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