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Alex and Becky commenced a partnership under the name and style Lexy enterprises on 1 st January 2 0 2 3 . They contributed sh
Alex and Becky commenced a partnership under the name and style Lexy enterprises on st January They contributed sh and sh as capital respectively.The following additional information is providedThe firms net profit for the year was ShAlex and Becky were paid salaries amounting to sh and sh respectively. Their drawings amounted to sh and shrespectivelyInterest on capital is to be allowed at per year.Profits and losses are to be shared equally.Required use the above information to computeCompute the interest on capital Alex will earn
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