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प्रश्न
Sameer and Manveer were partners in a firm sharing profits and losses in the ratio of 5 : 3. On 1st April, 2024, they admitted Sandeep as a new partner for 1/5th share in the profits with a guaranteed minimum amount of ₹ 80,000. Sameer and Manveer continue to share profits as before, but agreed to bear any deficiency on account of the guarantee to Sandeep in the ratio of 3 : 5. The net profit of the firm for the year ended 31st March, 2025 was ₹ 3,20,000. Prepare Profit and Loss Appropriation Account of Sameer, Manveer and Sandeep for the year ended 31st March, 2025.
खातेवही
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उत्तर
| Profit and Loss Appropriation Account for the year ended 31st March, 2025 |
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| Particulars | Amount (₹) | Amount (₹) | Particulars | Amount (₹) |
| To Profit transferred to: | By Net Profit b/d | 3,20,000 | ||
| Sameer’s Capital A/c | 1,60,000 | 1,54,000 | ||
| Less: Deficiency | 6,000 | |||
| Manveer’s Capital A/c | 96,000 | 86,000 | ||
| Less: Deficiency | 10,000 | |||
| Sandeep’s Capital A/c | 64,000 | 80,000 | ||
| Add: Deficiency met by Sameer | 6,000 | |||
| Add: Deficiency met by Manveer | 10,000 | |||
| 3,20,000 | 3,20,000 | |||
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