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CBSE Class 12-commerce Answered

On 1.4.2013, brij, Nandan entered into partnership to construct toilets in government girls schools in the remote areas of uttrakhand they contributed capital of 1000000  and 1500000 respectively their profit sharing ratio was 2:3 and intresti allowed on capital as provided in the partnership deed was 12% per annum during the year ended 31.03.2014 the firm earned a profit of 200000 prepare profit and loss appropreatiap account of brij and Nandan for the year ended 31.03. 2014
Asked by saifkhanwdn | 25 Jul, 2019, 09:02: AM
answered-by-expert Expert Answer
Detailed solutions for all the questions based on the concept of Profit and Loss Appropriation Account are available on our website at the below mentioned link:
https://www.topperlearning.com/study/cbse/class-12-commerce/accountancy/text-book-solutions/ncert-accountancy-partnership-accounts-xii-commerce/514/accounting-for-partnership-basic-concepts/2170/b101c504s549e9
 
The complete solutions and the respective workings will help you solve all types of similar problems.
Answered by Surabhi Gawade | 25 Jul, 2019, 01:09: PM

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