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Ram Rahim and Peter are sharing …

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Ram Rahim and Peter are sharing profits in the ratio of 1/2 :1 / 3 : 1 / 6. The accounts of the firm are prepared every year on 31st March. The sales and profits for the year endir on 31st March, 2018 were 5,00,000 and 60,000 respectively. Ram retires from the firm on 10th August, 2018 due to permanent disability. Sales till the date of retirement were ₹ 2,00,000. Calculate Ram's share of profits, if partnership deed provides that profit in such cases be calculated on sales basics.

Posted by Prachi Maithil 3 years, 11 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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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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