Alia;bhanu and chand distributed the profit …

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Alia;bhanu and chand distributed the profit for the year ended 31st March 2017 80000 in the ratio of 3:3:2 without providing for the following adjustment 1-alia and chand were entitled to sallary of 1500p.a 2-bhanu was entitled for commission of 4000 3-bhanu and chand had guaranteed a minimum profit of 35000p.a to alia any deficiency to born equally by bhanu and chand . Pass the p/L adjustment
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Wajeeha Fathima 5 years, 5 months ago
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