Page 1 :
OPPO F9 Pro · ©sonu, Revision Test 2021-2022, Class-XII, Subject : Accountancy, Time : 3 Hrs., Full Marks : 80, Part-A (Marks : 44), Answer the following questions (Alternatives are to be noted)., 1. A, and B, are Patners in a firm sharing profits in the ratio of, 3:2. Their Firxed Capitals as on 1st April 2020 were Rs. 15,00,000, and Rs. 10,00,000 respectively their partnership Deed provided, as follows, i) Partner's are to be allowed interest on their capitals @ 10%, per annum., ii) They are to be charged interest on Drawing @ 4% per, annum., ii) A is to get salary of Rs. 5000 per month., iv) B is to get commission Rs. 5% of net profit of the firm before, charging such commission., v) A is to get rent of Rs. 7500 per month for the use of his, promises by the firm., Profit for the year ended 31st March 2021 before providing, for any of the above was Rs. 10,00,000., vi) A with draw Rs. 12500 in the beginning of every month, which B withdraw Rs. 15000 at the end of every month., Prepare Profit and Loss Appropriation Account for the year, ended 31st March 2021.