Web24 jun. 2024 · Mita, Gopal and Farhan were partners sharing profits and losses in the ratio 3:2:1. On 31st March, 2024 they decided to change the profit-sharing ratio to 5:3:2. … WebAmar and Akbar are the partners in a business sharing profits and losses in the ratio 3:2 respectively. Their Balance Sheet as on 31st March, 2012 stood as under. Balance sheet as on 31st March, 2012. Liabilities. Rs. Assets. Rs. Sundry Creditors. 12600. Land and Building. 25000. Amar Capital A/c. 27000. Furniture. 3700. Akbar Capital A/c.
Amar and Akbar are the partners in a business sharing profits and ...
WebThe partners have decided to change their profit-sharing ratio to 1: 1 with immediate effect. For the purpose, they decided that: (i) Investments to be valued at Rs. 20,000. (ii) … Web12 nov. 2024 · A, B and C were partners in a firm having capitals of ₹ 50,000 ; ₹ 50,000 and ₹ 1,00,000 respectively. Their Current Account balances were A: ₹ 10,000; B: ₹ 5,000 and C: ₹ 2,000 (Dr.). According to the Partnership Deed the partners were entitled to an interest on Capital @ 10% p.a. C being the working partner was also entitled to a salary … rescuing filipino families fromthe flood
CBSE Class 12 Accountancy Question Paper Solution SET - 1 Series …
WebIt is important to have a partnership deed in writing because it contains terms and conditions agreed upon by all the partners and is helpful in avoiding all misunderstandings and disputes. Please Share This Share this content. Opens in a new window Twitter; WebCA, adding this golden prefix before one’s name is a dream of various students. Most of the Commerce Students plan to become a Chartered Accountant (CA). Web11 feb. 2024 · Ques 10 Mita, Gopal and Farhan were partners sharing profits and losses in the ratio 3 : 2 : 1. On 31st March, 2024 they decided to change the profit sharing ratio to 5 : 3 : 2. On this date, the... rescuing dogs from ukraine