A & B are partners sharing profits & losses in the ratio of 3:2 having capital of Rs 80,000 & Rs 50,000 resp. They are entitled to 9% p.a. interest. During the year firm earned Rs 7,800 after providing interest on capital. Profits apportioned between A & B shall be:

Q. X and Y are partners sharing profits and losses in the ration of 3:2 having the capital of Rs. 1,60,000 and Rs. 1,00,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs.15,600 before allowing any interest on capital. Profits apportioned among X and Y is ___________.

Q.

X and Y are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 1,60,000 and Rs. 1,00,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year, the firm earned Rs. 15,600 before allowing any interest on capital. Profits apportioned among X and Y is :

Q.

B,V and M were in partnership sharing profits and losses in the ratio of 3 : 2 : 1. Their fixed capitals were Rs 5,00,000; Rs 4,00,000 and Rs 3,00,000 respectively. The partnership deed provided for the following :

(i) Interest on capital @ 6 $\%$ p.a.

(ii) Salary of Rs 40,000 to M

(iii) Interest on partners drawings will be charged @ 12$\%$ p.a.

During the year ended 31st March, 2018 the firm earned a profit of Rs 2,70,000. Interest on drawings were Rs 1,200, Rs 720 and Rs 450 respectively. Prepare Profit and Loss Appropriation Account for the year ending on March 31st 2018.

Q.

On March 31, 2017 the balance in the capital accounts of Eluin, Monu and Ahmed, after making adjustments for profits, drawing, etc; were Rs 80,000, Rs 60,000 and Rs 40,000 respectively. Subsequently, it was discovered that interest on capital and interest on drawings had been omitted. The partners were entitled to interest on capital @ 5% p.a. The drawings during the year were Eluin Rs 20,000; Monu, Rs 15,000 and Ahmed, Rs 9,000. Interest on drawings chargeable to partners were Eluin Rs 500, Monu Rs 360 and Ahmed Rs 200. The net profit during the year amounted to Rs 1,20,000. The profit sharing ratio was 3 : 2 : 1. Pass necessary adjustment entries.

Q. X,Y & Z are partners sharing profits and losses in the ratio of 4:3:2. During 2015, their capital drawings & salaries were as follows:

partners	capital (Rs.)	Salaries(Rs.)	Drawings (Rs.)
X	2,40,000	12,000	12,000
Y	1,60,000	12,000	6,000
Z	1,00,000	12,000	3,000

Partners are entitled to interest on capital @ 5% p.a. Interest on drawings to be charged @ 8% p.a. The net profit for the year ended 31-12-2015 was Rs. 1,45,000. On 1-7-2015 X made advance of Rs. 1,00,000 to the firm at 6% P.a. Y's share of profit after above appropriation will be ___________.