Ask Experts Questions for FREE Help !
Ask
    sarnagagan's Avatar
    sarnagagan Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jun 18, 2010, 02:41 AM
    partnership
    x,y and z are partners in a firm.at the time of division of profit for the year there was dispute between the partners .profits before interest on partner's capital was Rs.6000 any y determined interest @24% p.a on his loan of Rs.80,000.there was no agreement on this point.calculate the amount payable to x,y and z respectively.
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Jun 18, 2010, 03:15 AM
    Thank you for taking the time to copy your homework to AMHD.
    Please refer to this announcement: https://www.askmehelpdesk.com/financ...-b-u-font.html
    sarnagagan's Avatar
    sarnagagan Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Jun 19, 2010, 01:26 AM
    I got it.. neways thanks... it was easy...
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Liquidating partnership [ 1 Answers ]

Prior to liquidating their partnership, Perkins and Dunn had capital accounts of $58,000 and $105,000, respectively. Prior to liquidation, the partnership had no cash assets other than what was realized from the sale of those assets. These partnership assets were sold for $145,000. The partnership...

View more questions Search