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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

Account Deleted 6 months, 3 weeks ago

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ANSWER

Rtoekekg Gorrorotr 9 months, 3 weeks ago

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1Thank You