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E,f,g were partners in a firm …

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E,f,g were partners in a firm sharing profits in the ratio of 3:2:1 after division of the profits for the year ended 31-3-2021 their capitals were e ₹ 2,95,000,f 3,30,000 and g₹3,35,000 during the year they withdrew₹ 40,000 each the profits of the year was ₹1,80,000 the partnership deed provided that interest on capital will be allowed a 12 percent while preparing the final accounts

Posted by Abhi Shukla 1 year, 5 months ago

CBSE > Class 12 > Accountancy

1 answers

Ayush Yadav 4 months, 2 weeks ago

closing capital 295000-90000+40000=245000

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