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A, B and C were partners …

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A, B and C were partners in a firm sharing profits in the ratio of 3 : 2 : 1. B was guaranteed a profit of Rs. 2,00,000. During the year the firm earned a profit of Rs. 84,000. Calculate the net amount of Profit / Loss transferred to the capital accounts of A and C. Plzz tell how to show it in account

Posted by Muskan Bohra 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Divyanshi Maheshwari 8 years, 3 months ago

P$L a/c Net loss 116000 tfd to capital a/c of A $ C in ratio of 3:1 ie 87000:29000

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