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प्रश्न
| Shashi and Trisha were partners with fixed capitals of ₹ 5,00,000 and ₹ 3,00,000 on 1st April 2024. They are allowed interest on capital @ 6% p.a. and are charged interest on drawings @ 9% p.a. During the year, Shashi withdrew ₹ 6,000 per month at the beginning of every month, whereas Trisha withdrew ₹ 18,000 per quarter at the beginning of every quarter. The profits for the year before the above-mentioned adjustments were ₹ 1,20,440. |
Shashi’s share of profit will be ______.
पर्याय
₹ 50,000
₹ 60,220
₹ 30,000
₹ 40,000
MCQ
रिकाम्या जागा भरा
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उत्तर
Shashi’s share of profit will be ₹ 40,000.
Explanation:
| Dr. | Profit and Loss Appropriation Account | Cr. | |||
| Particulars | Amount (₹) | Amount (₹) | Particulars | Amount (₹) | Amount (₹) |
| To Interest on capital: | 48,000 | By Profit and Loss A/c | 1,20,440 | ||
| Shashi | 30,000 | By Interest on drawings: | 7,560 | ||
| Trisha | 18,000 | Shashi | 3,510 | ||
| To Profit transferred to: | 80,000 | Trisha | 4,050 | ||
| Shashi’s Current A/c | 40,000 | ||||
| Trisha’s Current A/c | 40,000 | ||||
| 1,28,000 | 1,28,000 | ||||
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