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Rao and Reddy were partners in …

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Rao and Reddy were partners in a firm sharing profits in the ratio of 3:1. They admitted kutty as a new partner for 3/8th share in the profits. The new profit sharing ratio will be 3:2:3. Kutty brought 2,00,000 for his capital and ₹50,000 for his share of premium for goodwill. On 31-3-2019, the date of kutty's admission, the Balance sheet of Rao and Reddy was as follows:

Posted by Misha Sharma 2 years, 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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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 Srishti Arya 1 year, 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 Palak Sharma 1 year, 4 months ago

CBSE > Class 12 > Accountancy

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