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A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.
1 6937If any co. purchase goods from abc co. payment will made in advance. Can abc co. is creditor or not. Pls. answer.
1 4077I have two godown in Delhi.i want transfer of goods from one to another what documents are required
1 3955Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?
1957under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?
2125if at the end of the year cash book is showing debit balance whether it is meant that cash is not deposited after deducting expenses in bank and it is in hand and we should deposit in next year
1977Post New Accounting General Questions
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Hey can any body tell me..What are negative assets?
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Tell me do you have any professional experience of this field?
