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Ameer and basheer partners sharing profits …

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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.

Posted by Account Deleted 8 months ago

MP Board > Class 12 > Accountancy

0 answers

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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 8 months ago

MP Board > Class 12 > Accountancy

1 answers

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Vanisha Saxena 7 months, 1 week ago

MP Board > Class 12 > Accountancy

0 answers

Posted by Account Deleted 8 months ago

MP Board > Class 12 > Accountancy

0 answers

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Rajpal Mandlloi 5 months ago

MP Board > Class 12 > Accountancy