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प्रश्न
Rahul, Rohit and Karan started partnership business on April 1, 2019 with capitals of Rs 20,00,000, Rs 18,00,000 and Rs 16,00,000, respectively. The profit for the year ended March 2020 amounted to Rs 1,35,000 and the partner’s drawings had been Rahul Rs 50,000, Rohit Rs 50,000 and Karan Rs 40,000. The profits are distributed among partner’s in the ratio of 3:2:1. Calculate the interest on capital @ 5% p.a.
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उत्तर
Interest on Capital
Rahul = 20,00,000 × `5/100` = Rs 100000
Rohit = 18,00,000 × `5/100` = Rs 90000
Karan = 16,00,000 × `5/100` = Rs 80000
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|
Rakesh |
Month |
Rs. |
|
|
May 31, 2019 |
600 |
|
|
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|
|
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|
|
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|
|
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|
|
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|
|
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|
Rohan |
At the beginning of each month |
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Rs |
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|
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|
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|
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| To Interest on Capital | By Profit & loss account (After manager’s commission) | ___(2)___ | |
| Richa | ______ | ||
| Anmol | ______ | ||
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| To Profit transferred to: | |||
| Richa’s Capital A/C (1) | ___(1)___ | ||
| Anmol’s Capital A/c | ______ | ||
| ______ | ______ |
The amount to be reflected in blank (2) will be:
