Paper 1 February/March 2018 Accounting (9706/12) A Level
CIE
AS & A Level
Accounting (9706)
خرداد
2018
شامل مباحث:
AS Level
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه
پیش نمایش صفحه اول فایل
Arefe Naderlouei
ثبت شده در
5 بهمن 1401
J and K are in partnership sharing residual profits and losses in the ratio 7: 3.
Their fixed capital accounts have balances of J $\$ 40000$, K $\$ 60000$. Interest is allowed on these at the rate of 10% per year.
J is paid a salary of $\$ 40000$ per year. Profit for the year was $\$ 200000$.
What was each partner’s total share of the profit for the year?
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