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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 8 months, 4 weeks 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.

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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.

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MP Board > Class 12 > Accountancy

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Posted by Vanisha Saxena 1 week, 2 days ago

MP Board > Class 12 > Accountancy