Easy Office

partnership accounts

This query is : Resolved 

06 June 2016 Seeta and Geeta are partners sharing profit and losses in 4 : 1 .meetha was manager who received the salary of 4000 per month in addition to a commission of 5% on net profit after charging such Commission .profits for the year 678000 before charging salary .find the total remuneration ?

07 June 2016 678000-4000=674000x5/105=32095.24
total 4000+32095.24= 36095.24



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries