We have to some profit (or) loss amount depends on their capital investment.
Ramu and ravi
Net profit 20,000/-
F7 - by -- profitt & loss --- 20,000/-
to -- ramu --- 10,000/-
to -- ravi --- 10,000/-
F5 - by--cash
to--ramu -- 10,000/-
F5 - by--cash
to--ravi -- 10,000/-
to -- ravi --- 10,000/-
F5 - by--cash
to--ramu -- 10,000/-
F5 - by--cash
to--ravi -- 10,000/-
Ex2:-
Sitha and Ramya
Loss 50,000/-
F7 - by -- profitt & loss --- 50,000/-
to -- Sitha --- 25,000/-
to -- Ramya --- 25,000/-
F6 - by --cash
to --Sitha -- 25,000/-
F6 - by --cash
to --Ramya -- 25,000/-
to -- Ramya --- 25,000/-
F6 - by --cash
to --Sitha -- 25,000/-
F6 - by --cash
to --Ramya -- 25,000/-
Problem 1:-
1. Mr.Ramu and Mr.Ravi invested 2,00,000 (Each person)
2. Vehicle purchases 60,000/-
3. Commission receive 15,000/-
4. Interest receive 10,000/-
5. Donation receive 25,000/-
6. Vehicle was sold 65,000/-
7. Office expediences 15,000/-
8. Petty expediences 2,000/-
9. Petty income 4,000/-
10.Power bill paid 950/-
Problem 1:-
1. Miss.Santhi and Miss.Geetha invested 6,00,000 (Miss.Santhi Inv: 30% ,Miss.Geetha Inv: 70%)
2. Furnicher purchases 15,000/-
3. Rent Paid 25,000/-
4. Interest Paid 10,000/-
5. Donation Paid 35,000/-
6. Furnicher was sold 5,000/-
7. Office expediences 22,000/-
8. Travelling expediences 5,000/-
9. Petty income 2,500/-
1. Miss.Santhi and Miss.Geetha invested 6,00,000 (Miss.Santhi Inv: 30% ,Miss.Geetha Inv: 70%)
2. Furnicher purchases 15,000/-
3. Rent Paid 25,000/-
4. Interest Paid 10,000/-
5. Donation Paid 35,000/-
6. Furnicher was sold 5,000/-
7. Office expediences 22,000/-
8. Travelling expediences 5,000/-
9. Petty income 2,500/-
10.Net bill paid 1,950/-
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