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9)A, B and C sharing profits …

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9)A, B and C sharing profits in the ratio 3:2:1 respectively. C wants that profits be shared equally and it should be applicable retrospectively from the last three years. Other partners have no objection to this. Profits for the last three years were Rs 1,20,000, Rs 94,000 and Rs 1,10,000 respectively. Record adjustment that means of a journal entry and show the working notes

Posted by Yash Tuteja 3 years, 2 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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