[CBSE] Q. 22 DK Goel Fundamentals of Partnership [2024-25]
Solution of Question Number 22 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25)
A and B are partners in a firm sharing profits in the ratio of 1 : 2. Their capitals on 1st April 2023 were ₹ 4,00,000 and ₹ 6,00,000 respectively. As per partnership deed, A is to get a monthly salary of ₹ 15,000 and interest on capitals is to be provided @ 10% p.a. and charged on drawings @ 12% p.a. During the year A withdrew ₹ 30,000 and B withdrew ₹ 50,000.
The firm incurred a loss of ₹ 60,000 during the year ended 31st March, 2024 before above adjustments. You are required to prepare an account showing the distribution of Profit/Loss.
[Ans. Share of Loss A ₹ 18,400 and B ₹ 36,800.]
Solution:-
Here is the complete index of solutions
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| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
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| 16 | Question – 16 |
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| 21 | Question – 21 |
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| 25 | Question – 25 |
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| 27 | Question – 27 |
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| 60 | Question – 60(A), 60(B), 60 (C) |
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| 61 | Question – 61 |
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| 63 | Question – 63 |
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| 91 | Question – 91 |
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| 101 | Question – 101 |
| 102 | Question – 102 |
| 103 | Question – 103 |
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| 105 | Question – 105 |
| 106 | Question – 106 |
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| 108 | Question – 108 |
| 109 | Question – 109 |
| 110 | Question – 110 |
