{"id":132503,"date":"2023-02-27T12:03:58","date_gmt":"2023-02-27T06:33:58","guid":{"rendered":"https:\/\/www.mapsofindia.com\/my-india\/?p=132503"},"modified":"2023-02-27T12:03:58","modified_gmt":"2023-02-27T06:33:58","slug":"amay-anmol-and-rohan-entered-into-partnership-on-1st-july-2021-to-share-profits-and-losses-in-the-ratio-of-321","status":"publish","type":"post","link":"https:\/\/www.mapsofindia.com\/my-india\/education\/amay-anmol-and-rohan-entered-into-partnership-on-1st-july-2021-to-share-profits-and-losses-in-the-ratio-of-321","title":{"rendered":"Amay, Anmol and Rohan entered into partnership on 1st July, 2021 to share profits and losses in the ratio of 3:2:1&#8230;."},"content":{"rendered":"<h2>Question : Amay, Anmol and Rohan entered into partnership on 1st July, 2021 to share profits and losses in the ratio of 3:2:1. Amay guaranteed that Rohan\u2019s share of<br \/>\nprofit after charging interest on capital @ 6% p.a would not be less than \u20b9 36,000 p.a. Their fixed capital balances are: \u20b9 2,00,000, \u20b9 1,00,000 and \u20b9 1,00,000 respectively. Profit for the year ended 31st March, 2022 was \u20b91,38,000. Prepare Profit and Loss Appropriation A\/c.<\/h2>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h4>The correct answer is \u2013<\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-132504\" src=\"https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2023\/02\/acc-q18-300x113.png\" alt=\"\" width=\"672\" height=\"253\" srcset=\"https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2023\/02\/acc-q18-300x113.png 300w, https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2023\/02\/acc-q18-150x57.png 150w, https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2023\/02\/acc-q18-768x289.png 768w, https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2023\/02\/acc-q18-669x252.png 669w, https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2023\/02\/acc-q18-696x262.png 696w, https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2023\/02\/acc-q18.png 849w\" sizes=\"auto, (max-width: 672px) 100vw, 672px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question : Amay, Anmol and Rohan entered into partnership on 1st July, 2021 to share profits and losses in the ratio of 3:2:1. Amay guaranteed that Rohan\u2019s share of profit after charging interest on capital @ 6% p.a would not be less than \u20b9 36,000 p.a. Their fixed capital balances are: \u20b9 2,00,000, \u20b9 1,00,000 [&hellip;]<\/p>\n","protected":false},"author":21842,"featured_media":131888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-132503","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/132503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/users\/21842"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/comments?post=132503"}],"version-history":[{"count":1,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/132503\/revisions"}],"predecessor-version":[{"id":132505,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/132503\/revisions\/132505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media\/131888"}],"wp:attachment":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media?parent=132503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/categories?post=132503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/tags?post=132503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}