Yadu, Madhu and Vidu are partners, sharing profit and losses in the ratio of 2:2:1. Their fixed capitals on April 01, 2018 were:
Yadu Rs. 5,00,000, Madhu Rs. 4,00,000 and Vidu is 3,50,000.
As per the partnership deed, partners are entitled to interest on capital @5% p.a. and Yadu has to be paid a salary of Rs. 2000 per month. The net loss of the firm as per profit and loss account for the year ending March 31, 2019, amounted to Rs. 75,000. On the basis of the profit and loss appropriation account, Partners' distribution of loss would be:
Held on 22 May 2025 · Verified 13 Jul 2026.
Yadu Rs. 30,000 Madhu Rs. 30,000 Vidu Rs. 15,000
Yadu Rs. 25,000 Madhu Rs. 25,000 Vidu Rs. 25000
Yadu Rs. 39,600 Madhu Rs. 39,600 Vidu Rs. 19,800
Yadu Rs. 35,000 Madhu Rs. 25,000 Vidu Rs. 15,000
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