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Ameer and basheer are partner sharing …

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Ameer and basheer are partner sharing profit ratio 3:2 from 1st Jan 2018 they admit Sameer into partnership giving him 1\5 share of profit with a guarantee of 16000 minimum. Ameer and basheer between themselves continued to share profit as before. Profit of the firm for 2018 was 40000

Posted by Tanya Dubey 1 year, 3 months ago

MP Board > Class 12 > Accountancy

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28. Ameer and basheer partners sharing profits in the ratio of 3 : 2. From 1st Jan. 2018 they admit Sameer into partnership giving him 1/5th share of the profit; with a guarantee of 16,000 minimum. Ameer and Basheer as between themselves continued to share profit as before. Profit of the firm for 2018 was ₹ 40,000. Prepare Profit and Loss Appropriation A/c.

Posted by Account Deleted 7 months ago

MP Board > Class 12 > Accountancy

1 answers

Ameer and basheer partners sharing profits in the ratio of 3 : 2. From 1st Jan. 2018 they admit Sameer into partnership giving him 1/5th share of the profit; with a guarantee of 16,000 minimum. Ameer and Basheer as between themselves continued to share profit as before. Profit of the firm for 2018 was ₹ 40,000. Prepare Profit and Loss Appropriation A/c.

Posted by Account Deleted 7 months ago

MP Board > Class 12 > Accountancy

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What is company

Posted by Rupesh Patil 5 months, 3 weeks ago

MP Board > Class 12 > Accountancy

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A limited company issues 4000,6% debentures of 100rs each of 10% discount payable as 10 on application 30 on allotment 40 on first call and rest on second call pass journal entry

Posted by Divyansh Kushwah 1 year ago

MP Board > Class 12 > Accountancy

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Hey

Posted by Palak Jadon Jadon 4 months, 1 week ago

MP Board > Class 12 > Accountancy

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Posted by Rajpal Mandlloi 4 months ago

MP Board > Class 12 > Accountancy

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Posted by Vanisha Saxena 6 months, 1 week ago

MP Board > Class 12 > Accountancy

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Define Preference Shares

Posted by Vanisha Saxena 6 months, 2 weeks ago

MP Board > Class 12 > Accountancy

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Explain liquidity ratio.

Posted by Vanisha Saxena 6 months, 2 weeks ago

MP Board > Class 12 > Accountancy

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Posted by Sudheer Parmar 4 months, 2 weeks ago

MP Board > Class 12 > Accountancy