Thursday

July 24, 2014

July 24, 2014

Posted by **Peaches** on Saturday, February 13, 2010 at 1:13pm.

A and B are in partnership sharing profits and losses in the ratio 3:2 respectively. Profit for the year was $86,500. The partners’ capital and current account balance at the beginning of the year:

Current accounts – A 5,750 (credit) – B – 1,200 (credit)

Capital accounts – A – 10,000 (credit) – B – 8,000 (credit)

A’s drawing during the year were $4,300, and B’s were $2,430, A’s and B’s current account balance at the end of the year:

- Profit & Loss -
**manoranjan**, Thursday, January 23, 2014 at 11:39pmA shopkeeper used 900gmw and earn 20% profit on it. then what is the total %profit earn.

**Related Questions**

accounting ..urgent pls - can you help please.. PROB 1: A, B and C shared the ...

accounting..please help - can you help me please for this solving problem below...

math - Three men, A,B and C upon forming a partnership, invest $1,800, $2,500 ...

math - Three men, A, B, and C upon forming a partnership, invest $1,800, $2,500 ...

quantitative decision making - james and john invested ¥700 and ¥300 ...

quantitative decision making - james and john invested ¥700 and ¥300 ...

Accounting 102 - Turner and Isham agreed to form a partnership. Turner ...

Math help on profit/loss - Please help? DId I find the amount of profit or loss ...

accounting - please can you help how to get the answers fpr this problem solving...

accounting.pls help me - Is anyone can help me to solve this problem beloww. ...