WebAug 9, 2024 · To Ravi's capital a/c - To Kavi's capital a/c - (Being goodwill distributed . old partners by sacrifice . ratio.) Explanation: In third entry I don't put values of credited accounts. As my calculation are coming horrible. In that find sacrifice ratio first and distribute among them according to it. I think there is mistake in problem. WebMar 31, 2016 · Click here👆to get an answer to your question ️ Raju and Ravi are partners sharing profits and losses in the ratio of 3:2 . Their Balance Sheet as on 31 - 3 - 2016 was as follows: Balance Sheet as on 31 - 3 - 2016LiabilitiesRs.AssetsRs.Creditors20,000Cash at hand 5,000Bills Payable10,000Bills receivable 15,000Bank loan …
M/S.Rnp Ravi Transport vs The Managing Director on 13 …
WebRavi's profit is (Z-2Z/3) =Z/3 Hence the profit ratio is , Ravi : Ramu = Z/3 : 2Z/3 = 1:2. Let total Capital be Rs.X and Ramu has contributed for Y months.Since Ramu's profit share is 2/3, his invest share will be 2/3 in capital. Ravi's invest for 16 months / Ramu's invest for Y months = Ravi's profit share / Ramu's profit share WebMar 16, 2024 · Ravi and Tiku are partners in a firm. According to their partnership deed : (i) Interest on capital will be allowed @ 5% per annum. (ii) Interest on drawings will be charged @ 4% per annum. (iii) Each partner will be given a salary of ₹ 1,000 per month. (iv) Partners will share profits and losses in the ratio of 2 : 1. diamond shield ie crystal
7. Hari, Ravi and Kavi were … Homework Help myCBSEguide
WebSep 17, 2024 · Radha and Ravi are partners in a firm. Radha’s drawings for the year 2024-21 are given as under: Calculate interest on Radha’s drawings at 10% p.a. for the year ending on 31.03.2024, under product method. See answers Advertisement Advertisement aadyaagarwal0287 aadyaagarwal0287 WebInformation about Hari and ravi are partners in a firm they withdrew 6000 and8000 respectively from the firm at the end of each month .the intrest is charged @14/p.a. on their drowing the book of the firm are closed an 31st dec calculate the intrest on drowing of hari and ravi? covers all topics & solutions for Commerce 2024 Exam. WebArvind Tiku is an entrepreneur and investor with extensive experience in creating and building international businesses in commodity ... which has been his home since the beginning of 2010 and the base for his boutique tax firm since 2012. ... He was formerly an equity partner in the London corporate finance department of international law ... cisco software research