Direction Read the following hypothetical situation and answer Q. No. 23 and 24
Pia, Tia and Sia were partners in a firm trading in electrical appliances. They were sharing profits in the ratio
of 5: 3:2. Their fixed capitals on 1st April, 2022 were Rs. 6,00,000 Rs. 8,00,000 and Rs.16,00,000
respectively. After the flood in Uttarakhand, all partners decided to help the flood victims personally. For
this, Pia withdrew Rs. 40,000 from the firm on 15th September, 2022. On the same date, Tia instead of
withdrawing cash from the firm, took some appliances amounting to Rs. 48,000 from the firm and
distributed those to the flood victims. On the other hand, Sia withdrew Rs. 4,00,000 from her capital on 1st
January, 2023 and provided a mobile medical van in the flood affected area. The partnership deed provides
for charging interest on drawings @ 6% per annum. Interest on capital was a allowed @ 10%
23 Interest on Sia's capital will be:

24. Interest on Tia's drawings will be:

Answer :

Answer:

rajs(jsjsk#hsjdododododododo

Explanation:

fagashhsjsjsaoowoe

Other Questions