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Anju Anju and Manju are partners …

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Anju Anju and Manju are partners in a firm sharing profit and losses in the ratio of 5:3 : 2. from 1st April 2019 they decided to share future profit and losses in the ratio of 2:5:3. their balance sheet showed a balance of Rs. 75000 in the profit and loss account and a balance of Rs. 15000 in investment fluctuation fund, for this purpose it was agreed that: Goodwill of the firm was valued at Rs. 3,00,000. investments (having book value of Rs. 50000) were valued at Rs. 35000. stock having a book value of Rs. 50000 be depreciated by 10%. Pass necessary Journal entries for the above in the books of the firm.​
  • 1 answers

Himani Bhandari 3 years, 10 months ago

answer me plzz
http://mycbseguide.com/examin8/

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