BCom In Accounting & Finance (BCAF) SEM III 2012 2014 2014 FA Question Paper - Mumbai University | munotes

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Q1 be entiled to a salary of Rs. 6,000 & Rs. 4,200 P.a. Respectively 2, 10% interest on Capital Accounts
Q3 Balance of Profits to be shared Equally 4 On Retirement of a partner, deferred revenue expenses are to be written off in equally X retires from the partnership as on 31" December, 2007 & you are asked to prepare a Balance sheet as at 31" December, 2007 showing the amount payable to X on retirement from the following Trial Balance and also Prepare P&L

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