Accounts

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 May 2018 X, Y and Z are partners in a firm. At the time of division of profit for the year there
was dispute between the partners. Profits before interest on partner’s capital was Rs.
6,000 and X wanted interest on capital @ 20% as his capital contributions was Rs.
1,00,000 as compared to that of Y and Z which was Rs. 75,000 and Rs. 50,000
respectively

Querist : Anonymous

Querist : Anonymous (Querist)

14 May 2018 hii Friends

It ans may be given as follow
There are dispute between partners because their is no deed between them for this
so,
. Profits of Rs. 6,000 will be distributed equally

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