[CBSE] Q. 2 Solution Fundamentals of Partnership Firms DK Goel [2023-24]

Share your love

Are you looking for the solution of Question Number 2 of the Fundamentals of partnership firm chapter DK Goel Book 2023-24 Edition?

Girish and Satish are partners in a firm. Their Capitals on April 1. 2021 were ₹ 5,60,000 and ₹ 4,75,000 respectively. On August 1, 2021, they decided that their Capital should be ₹ 5,00,000 each. The necessary adjustment in the Capital were made by introducing or withdrawing cash. Interest on Capital is allowed at 6% p.a. You are required to compute interest on Capital for the year ending 31st March 31, 2022.

commerceschool.in

[Ans: Interest on Capitals: Girish ₹ 31,200 and Satish ₹ 29,500.]

commerceschool.in

Solution:-

Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 5940

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

close

Ad Blocker Detected!

Our Website is made possible by displaying online advertisements to our visitors. Please consider supporting us and remove the AD - Blocker to read this article.

Refresh