Maani,bhavin and komal are partners sharing …

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Maani,bhavin and komal are partners sharing profit in the ratio of 6:4:1. Komal is guaranteed a minimum profit of 200000. The firm incurred a loss of 2200000 for the year ended 31 march 2018.pass necessary journal entry regarding deficiency borne by maani and bhavin and prepare profit and loss appropriation Account.
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