A and B are partners in a firm sharing Profit & Loss in the ratio of 3:2. |
Interest on capital A ............................................................................... 10,000 |
Interest on capital B ..................................................................................5,000 |
Salary A (Charge).......................................................................................4000 |
Salary B......................................................................................................4000 |
Commission A (Charge) .............................................................................3000 |
Commission B ........................................................................................... 4000 |
Rent Paid to partner ................................................................................10,000 |
Interest on Loan by A (Partner) ..................................................................5000 |
Profit before providing the above ........................................................... 33,000 |
B's Share of Profit/loss will be: |
A) Loss = 4400 to B
B) B will get 5,000
C) B will get 4,000
D) B will get 6,000
Correct Answer: D
Solution :
B will get 6,000You need to login to perform this action.
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