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
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
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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