Question 6 A partnership of Rana and Rawan realized net profit of 200,000 SR , RANA and
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Question 6
A partnership of Rana and Rawan realized net profit of 200,000 SR , RANA and Rawan share profit and loss equally and they got interest income of 15,000 and 35,000 respectively. What are profits credited to capital accounts
a.
Rana 90,000, Rawan 110,000.
b.
Rana 100,000, Rawan 100,000.
c.
Rana 120,000, Rawan 125,000
d.
Rana 85,000, Rawan 75,000.
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