ara!) Ans) srs) arses: The duso cikcumstances in uuhich dhe dined capibals rnauy dhange ake: nD, any additional cogital Js introduced: ii) Th, any port of uayital ds pekmanently wihdeauun: Yj a poddnek wutthdraws {wed amount ot dhe ond of ey month, inkewcst Bw charged foe 5¥2 mordhs on the dotol anpunt: Frtecest on Drawings = Tolal Dicaiings x Rate of Intereat x 5% loo 2 Avaeage Puriod = [I months + 0 months = 5/> marth 7 Fag: 1h 75,000 us ithdrawun dy x vat ht ond of, every month (Inkexest 6104 70) est on Duanuitrgs « 5,000x 5% 10 at Ee 0 3224-11 earwe Bile rot (i) Since fadnership Deed does not enist, Gayot will get walaxy vas pte dhe puovisions of dnt Indian fardnership Ad, 1432 . Ktiy shinee Fakdnekship Deed vdows not emist, Humas bom Harty wilh not be \admitied vos poxtner os all partners did rot wageee do ut Ars @)) bince Paxinekship Deed vs vilent on dhe matter, dhe dum will potlow the Trdian Yoxtnuwhip Ad 143? and varkneding do ik, Ramer wall dbe given aindexest @ bY p.a and wot 4%op.0Anss)} Basis “Taal ond Dons Account “traf ond fois Aprapaation Af 6 Binge of Peyokalin Tis puerared vakje Taading9fe Th is puepaed abhor PHO Te stords with Gunns Beofit ot nd toss dccount. Te stands Guns 1086 0s Jb determined autilth Nek Ranjit of Nek Lass in dha Tuading Adour. 0b is determined vin the Bufit and bows Account i | Objection Ti vs puerared do detains Th ds patpored do shew i _inok peat ot ret Loss: __ oppsuialion of nek panel Gi |Woduxe of dems Th ds debited wit etnies UL us debiked sith terns of and thediked with Jrwone appopuialion of pao and } do detormine nd poder — xnedited wisth income buch | net dows. vob inderest on drawings vy |Fasdineeship Deed Puepakation of this account | Patroxalion & this acount | ds not guided by adhe Js quided by athe foxdnehig | Poudhenship Deed ot Ageetmend deed ck Agreement (vy Matching Bainciple Hatching franaplt ws Matching Puinciple ib rok yolinwed- - ds6)| Partner A: Uoaing Joyitals 248,000 Dawings+ $9,000 Paohil= £16,000 Opening vopal- 4%, 000+ $,000 - [6,000" 240,000 Trtereat on Mapital: 40,000 x lo°s = 24,009 Paxtintr B: losing apie = $46,000 Daaunirvgs = £12,000 Puuofik= 216,000 Opting Lapikal = 36,000 + 12,000 - 16,000 £42, 000 Trent on Layital= 32,000 xloY/o= 23.290PROFIT AND Loss ArreopRiATion Account oe dhe yon ended 3° Ant 2010 « tl Ls ‘s | 5,000 By Pope ofa 4,320,000 Als (oyidal A/c 94 12,500 Be Capital a/c 212,500 | 4, 30,000 4430,000 ar c JOURNAL Dr 6. - Date __ | fosdiulans {er | Amount | Amour 3i/oa/zoto Raskit and Lots aAppluphiation r/c Dr 4,95,000 To A's dapital a/c 9,12,500 To B's Mopital A/¢ 2)12,500 (Being sis disrcbuied ely) Me ___paRINERS crPnAl a/c | Toxtivdors A B Pardue A 8 | To fd 4,12,500 5,12,500 By bulance 6/4 5,00,000 3,00,000 By Puolit and Ions 212500 212,500 [i Arpsophiation ae Lt W250 5,12,500 12,500 5 12,500 | | ria. LOAN ACCOUNT OF A \ orton i Tosti fl To balan dd 5.000 By Tnbexest on Joan Alc 5,000 | es $1000Ars %) PROFIT AND Loss APPROPRIATION ACCOUNT peo ye el Hoh, 20 al | 2 fadliculods To Interest on Lapiba By Puofit /4 ean 1,200 By Thkexest on Duauuings Huta 4,600 | 16,200 aun 150 : aka 300 By Lows duanshented 20 aun 2344 Mera (406 \6,800 vane’) PRoFIT AND Loss AccoUNT De spor the yoo vided 21°" Monch 2014 Fold iaulans i Fortiaulakes To Interest on }oan(A) 4o0 By Glows Pookie To Nek teanttt 64,000 64,400 PROFIT AND Loss ApprorRinTionY A/c De hor ti year ended 31 March 2018 jPansicanons Z Tarliashors To Interest on sLopikal 576 By Paofil 6/4 A 2500 By Tntexest ch Daatuings B 9,000 | 4,500 Al [0 To balony 8 \80 A 24,000 B 12,009 | 36,000 on Capital fe "1280 | Ho BS Capital afc 111520 28,800 | 500 | 64,300_ PARTNERS CAPHAL ACCOUNTS = ie [foidiuatons |p | @ | Pastautaks (aa \ To Douunings 5.000 | G00 By buance Yd 50,000 | 40,000 To Tntexest on 120 180 | By Trteceat on | 2,500 | 2,000 Daauuings Vapital To balance «| 89,660 61,340 | By dakary 44,000 | 12,000 | By Pandl vpp.afe | ityaeo | (4520 43,190 | 65,520 43,180 | 65.520 slo) PROFIT AND LOSS APPROPRIATION A/c Dr fo tht yea ended 31 Maxch 2014 él Poxtiowors z Forbimlars ? To Tntekest on Lapital By Paojit /4 50,000 A 3,000 8 L800 ©=4,800 To Bs Balaky 6,000 Ho vlommiasion (A) 6,000 To Lommivoion (B) 1,581 To Puohit drunajerred to: As dagital afc 28,114 Bs Vapital fe = _Waos 31619 50,000 nt 50,000