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Realization profit of a firm is …

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Realization profit of a firm is Rs.6000, partner share profit and loss in the ratio of 3:2:1. Calculate amount of realization profit to be credited to partners capital a/c.

Posted by Vishal Thakur 5 years, 4 months ago

CBSE > Class 12 > Accountancy

2 answers

Aswathy Jasmi 5 years, 4 months ago

We should divide 6000 in 3:2:1. The first partners share on realisation profit =6000×3/6=3000 Second partners share on realisation profit =6000×2/6=2000 Third partners share on realisation profit =6000×1/6=1000

Aaiman Farhin 5 years, 4 months ago

Rs3000:Rs2000:Rs 1000 What is realization profit??

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