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X,Y,Z are partners in a firm …

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X,Y,Z are partners in a firm sharing profits in the ratio 3:2:1. They decided to share future profits equally . The profit and loss account showed a credit balance of 60000 and a general reserve of 30000. If these are not to be shown in balance sheet ,give the journal entry for it.

Posted by Deepti Graak 4 months, 1 week ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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