distribute the profit for the year …
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distribute the profit for the year ended 31st March 2003 rate 5000 in the ratio 2 ratio 3 ratio 1 without providing for the following adjustment which where to be created as charged against adjustment a a and b where and title salary salary of rate 30000 East per annum b b was entitled to commission of rate 5000 BMC have granted minimum profit rate 3002 a and n e deficiency in profit will be Borne by a and b equally profit where to be share in ratio 3 ratio 3 ratio to pass journal entry for the above adjustment in the books of the form
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