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Journal entries for interest on capital

Home » Journal entries for interest on capital
Posted inAccountancy Class 12 Fundamental of Partnership

Simran and Reema are partners sharing profits in the ratio of 3:2

22 :- Simran and Reema are partners sharing profits in the ratio of 3 : 2. Their capitals as on 1st April, 2024 were Rs 2,00,000 each whereas Current Accounts…
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