80 :- Atul, Bipul, and Charu are partners sharing profits equally. Bipul is guaranteed a minimum profit of Rs 2,00,000 per annum. Salary is payable to Bipul of Rs 10,000 per month. Net Profit for the year ended 31st March, 2025 is Rs 6,60,000.
Prepare profit and loss appropriation account for the year
Solution :-
