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1.
X and Y are partners in the ratio of 3 : 2. Their capitals are Rs. 2,00,000 and Rs. 1,00,000 respectively. Interest on capitals is allowed @ 8% p.a. Firm earned a profit of Rs. 15,000 for the year ended 31st March 2019. Interest on Capital will be :
2.
Xand Y are partners in the ratio of 3 : 2. Their capitals are ?2,00,000 and Rs. 1,00,000 respectively. Interest on capitals is allowed @ 8% p.a. Firm earned a profit of ?60,000 for the year ended 31st March 2019. Interest on Capital will be :
3.
On 1st April 2018, 2fs Capital was Rs. 2,00,000. On 1st October 2018, he introduces additional capital of Rs. 1,00,000. Interest on capital @ 6% p.a. on 31st March, 2019 will be :
4.
For the firm interest on capital is :
5.
Interest on partner's drawings will be credited to
6.
When partners' capital accounts are fixed, which one of the following items will be written in the partner's capital account? :
7.
When partners capital accounts are floating, which one of the following items will be written on the credit side of the partners' capital accounts? :
8.
Interest on Partner's drawings will be debited to :
9.
For the firm interest on drawings is
10.
Interest on partner's capitals will be credited to :