CA CPT June 2015 Question Paper Fundamentals of Accounting for online practice

A and B are partners sharing profits and losses in the ratio of their effective capital. They had Rs.1,00,000 and Rs. 60,0000 respectively in their capital accounts as on 1st January 2011. A introduced afurther paid of Rs. 10,000 on 1st April, 2011 and another Rs. 5,000 on 1st July, 2011. On 30th September,2011 A withdrew Rs. 40,000. On 1st July, 2011, B introduced further capital of Rs. 30,000. The partnersdrew the following amounts in anticipation of profit. A drew Rs. 1,0000 per month at the end of eachmonth beginning from January, 2011. B drew Rs. 1,000 on 30th June, and Rs. 5,0000 on 30th September,2011. Calculate the ratio of effective capitals?