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X and Y are partners in …

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X and Y are partners in a firm sharing profits and losses in the ratio 3:2 l. With effect from 1st April 2020, they decided to share future profits equally. On the

    • Posted by Rakshana M 2 years, 5 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Inderpreet Singh 2 years, 5 months ago

    X= 3/5-1/2 =6-5/10 =1/10 Y = 2/5-1/2= 4-5/10 = -1/10 So, X is sacrificing and Y is gaining

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