\(\begin{array}{c|c} Capital & Le\\ \hline Aye & ...
Use the following information to answer the question given.
\(\begin{array}{c|c} Capital & Le\\ \hline Aye & 20,000\\ Bee & 30,000\\ Drawings & \\ Aye & 8,000 \\ Bee & 2,000 \\ \text{Profit for the year} & 2,000\\ \text{Interest on capital-6%} & \\ \text{Interest on drawings - 10%} & \end{array}\).
Profit sharing is in the ratio of capital. Aye's share of profit is
Le 6,000
Le 4,800
Le 4,000
Le 3,200
Correct answer is D
No explanation has been provided for this answer.
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