His capital (Fluctuating) balance as on 31.03.20 is | 5,00,000 |
Additional capital introduced on 01.07.2020 is | 1,00,000 |
Drawing against profit on 01.10.2020 is | 60,000 |
Mr. Rishi's salary is | 80,000 p.a. |
Mr. Rishi's commission is | 10,000 |
Interest on drawing (Mr. Rishi) | 5000 p.a. |
A) 60,000
B) 50,400
C) 54,000
D) 50,000
Correct Answer: C
Solution :
54,000You need to login to perform this action.
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