CBSE Class 12-commerce Answered

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in the solution of Ex.14 there is two different salary amounted why?

page no.1.82

Asked by Shruti | 16 Dec, 2017, 04:44: PM

Expert Answer

Thanks for bringing this to our notice. We presume you were talking about Q 16 on Page 1.83. It is a small misprint that has been typed extra. No other salary except for Rs 6,000 provided to Y would be there in P&L Appropriation A/c.

Your P&L Appropriation A/c will include following items on debit side:

(a) Salary to Y: Rs 6,000

(b) Interest on Capital: Rs 7,000, and

This has been updated on our live site and would be soon reflected at your end.

Answered by | 18 Dec, 2017, 09:36: AM