WebbNeha, a partner, owns a building in which the firm carries its business. The firm pays her R s. 1 0, 0 0 0 as rent of the building. To which account rent will be debited? Medium. View solution > ... Ram and Mohan, two partners, drew for … WebbNeha, a partner owns a building and firm carries on its business in her premises. In turn,the firm pays her rent.This rent is an expense for the firm. So, rent will be debited to Profit and Loss Account of the partnership firm. ... Ram and Mohan, two partners, drew for their personal use Rs. 1,20,000 and Rs. 80,000.
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WebbPrevious Post A, B, C, and D are partners in a firm sharing profits as 4: 3: 2: 1 respectively. It earned a profit of Rs. 1,80,000 for the year ended 31st March, 2024. ... Next Post Ram and Mohan, two partners, drew for their personal use Rs. 1,20,000 and Rs. 80,000. WebbRam and Mohan, two partners, drew for their personal use ₹1,20,000 and ₹80,000. Interest is chargeable @6% p.a. on the drawings. What is the amount of interest chargeable from …
WebbThis commission is to be shared by the partners in the ratio of 2 : 3 : 2 : 3. A' s Commission ... Ram and Mohan, two partners, drew for their personal use ... interest on drawings is calculated on average basis for a period of six months. Interest on Ram’s Drawings = 1,20,000. Interest on Mohan’s Drawings = 80,000 . Click on Below link for ... Webb20 aug. 2024 · Ram and Mohan, two partners, drew for their personal use Rs. 1,20,000 and Rs. 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of …
Webb8 aug. 2024 · Ram and Mohan are partners in a business. Their capitals at the end of the year were Rs.24,000 and Rs.18,000 respectively. During the year 2015-16, Ram’s … WebbProfit sharing of X and Y each = 2,25,000 X (frac{1}{2}) = ₹1,12,500. Question 28. Ram and Mohan, two partners, drew for their personal use ₹ 1,20,000 and ₹ 80,000. ... A and B are partners sharing profits equally. A drew regularly ₹ 4,000 in the beginning of every month for six months ended 30th September, 2024.
Webb8 aug. 2024 · Ram and Mohan, two partners, drew for their personal use Rs. 1,20,000 and Rs. 80,000. Interest is chargeable @ 6% p.a. asked Aug 20, 2024 in Accounts by PujaBharti (55.9k points) accounting for partnership firms; class-12;
WebbThe politics of Bihar, an eastern state of India, is dominated by regional political parties.As of 2024, the main political parties are Rashtriya Janata Dal (RJD), Bharatiya Janata Party (BJP), Janata Dal (United) (JDU), and Indian National Congress (INC). There are also some smaller regional parties, including Samata Party, Hindustani Awam Morcha, Rashtriya … business loan rates in sri lankaWebbRam and Mohan, two partners, drew for their personal use ₹ 1,20,000 and ₹ 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of interest chargeable from each partner? 2. One of the partners in a partnership firm has withdrawn ₹ 9,000 at the end of each quarter, throughout the year. business loans louisville kyWebbRam and Mohan, two partners, drew for their personal use Rs. 1,20,000 and Rs. 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of interest … business loans maltaWebb22 dec. 2024 · 2 See answers Advertisement Advertisement Brainly User Brainly User Answer: see this attachment . I hope it's help you. Advertisement ... Ram and Mohan, two partners, drew for their personal use 1,20,000 and 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of ... business lookup in illinoisWebbRam and Mohan, two partners, drew for their personal use 1,20,000 and 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of interest chargeable from … business loan salem ohioWebbRam and Mohan, two partners, drew for their personal use Rs. 1,20,000 and Rs. 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of interest chargeable from each partner? Medium. View solution > View more. More From Chapter. Accounting for Partnership: Basic Concepts. View chapter > Learn with Videos. business look up in arkansasWebbRam and Mohan, two partners, drew for their personal use ₹ 1,20,000 and ₹ 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of interest … business look up illinois