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5. Vihaan and Mann are partners sharing profits and losses in the ratio of 3:2. The firm maintains fluctuating capital accounts and the balance of
5. Vihaan and Mann are partners sharing profits and losses in the ratio of 3:2. The firm maintains fluctuating capital accounts and the balance of the same as on 31st March 2022 is 4,00,000 and 4,65,000 for Vihaan and Mann respectively. Drawings during the year were 65,000 each. As per the partnership Deed, Interest on capital @10\% p.a. on Opening Capital has been allowed to them. Calculate the opening capital of Vihaan given that the divisible profits during the year 2021-22 was 2,25,000. a) 3,30,000 b) 4,40,000 c) 4,00,000 d) 3,00,000
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