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X and y are partners sharing profit in 5.3.2 ration admited z for 1/10 share which he acquire equally for X and Y .calculate new profit sharing ratio

Posted by Arti Prasad 6 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Simran Chhabra 6 years, 3 months ago

Hey lakhan singhaniya ur answer is wrong

Lakhan Singhaniaa 6 years, 3 months ago

As we know that z is admitted for 1/10 so left share with existing partner is 9/10 which they will share in 5:3

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