Partnership Fundamental Chapter 1 Practical problem a. Based on provision in the partnership deed 1. A and B started business with capitals of RS 10,000 and RS 20,000 respectively on 1 st April 2016. Solve their mutual disputes by giving specific reason. a) A wants that there must be a provision for interest on capital. b) B wants that profit should be shared according to capital contribution but A want to share equally. c) B wants that there should be a provision for interest on personal drawing d) A agree to introduced additional capital of RS 1,00,000 in the condition that they will get 6% p.a. interest on additional capital. e) A and B want to get B monthly salary b. Based on share of profit 2. A ...
