हिंदी

Read the following text and answer the given question: A and B are partners having fixed Capitals of ₹ 3,00,000 and ₹ 2,00,000 on 1st April 2023. Share of Profit will be ______.

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प्रश्न

Read the following text and answer the given question:

A and B are partners having fixed Capitals of ₹ 3,00,000 and ₹ 2,00,000 on 1st April 2023. They are allowed interest on Capitals @ 8% p.a. and are charged interest on drawings @ 10% p.a.

During the year, A withdrew ₹ 5,000 per month in the beginning of every month, whereas B withdrew ₹ 15,000 per quarter at the end of every quarter. 

The profits for the year ended 31st March, 2024, before the above mentioned adjustments were ₹ 1,34,500.

Share of Profit will be ______.

विकल्प

  • A ₹ 60,000 and B ₹ 40,000

  • A ₹ 50,000 and ₹ 50,000

  • A ₹ 50,250 and ₹ 50,250

  • A ₹ 60,300 and ₹ 40,200

MCQ
रिक्त स्थान भरें
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उत्तर

Share of Profit will be A ₹ 50,000 and ₹ 50,000.

Explanation:

Dr. PROFIT AND LOSS APPROPRIATION ACCOUNT Cr.
Particulars Particulars
To Interest on Capitals:     By Profit & Loss A/с   1,34,500
A 24,000   By Interest on Drawings:    
B 16,000 40,000 A 3,250  
To Profit transferred to:     B 2,250 5,500
A's Current A/c 50,000        
B's Current A/c 50,000 1,00,000      
    1,40,000     1,40,000
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अध्याय 1: Accounting for Partnership Firms - Fundamentals - (A) Case Based MCQS [पृष्ठ १.५७]

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डी. के. गोएल Accountancy Part A Volume 1 and 2 [English] Class 12
अध्याय 1 Accounting for Partnership Firms - Fundamentals
(A) Case Based MCQS | Q 3. | पृष्ठ १.५७
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