[CBSE] Q. 13 solution of Fundamentals of Partnership Firms TS Grewal Book 2022-23 Edition
Are you looking for the solution of Question number 13 of the Fundamentals of partnership firm chapter TS Grewal Book CBSE 2022-23 Edition?
Question number 13 of Accounting for Partnership Firms – Fundamentals is a theoretical one.
Solution of Question number 13 of Accounting for Partnership Firms – Fundamentals TS Grewal Book CBSE 2022-23 Edition
Q. 13
Vinod and Mohan are partners. Vinod’s Capital is ₹ 1,00,000 and Mohan’s Capital is ₹ 60,000. Interest on capital is payable @ 6% p.a. Vindo is to get salary of ₹ 3,000 per month. Net Profit for the year is ₹ 80,000. Prepare Profit and Loss Appropriation Account.
Answer –
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