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Reema n seema r partners sharing …

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Reema n seema r partners sharing p/l in the ratio 4:1 .they decided to share profits in the ratio of 3:2 w.e.f. 1st april 2016.however the decision to change the profit sharing ratio was taken after crediting share of profit for the year ended 31st march 2017 to respective capital accounts ,which was rs.100000.goodwill of the firm was values at rs.75000,capital a/c cr. bal.as at 31st march 2017 were reema rs.500000 &seema rs.600000. Pass necessary journal entries and prepare capital a/c.

Posted by Kratika Shukla 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Munni Lal 1 year, 5 months ago

CBSE > Class 12 > Accountancy

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Posted by Palak Kumari 3 months, 2 weeks ago

CBSE > Class 12 > Accountancy

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Posted by Tanishk Kabra 1 year, 5 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Palak Sharma 1 year, 4 months ago

CBSE > Class 12 > Accountancy

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