71,650]avindra and Alok are partners in the business sharing their pro

1.	71,650]avindra and Alok are partners in the business sharing their profit & losses in thtio of 3: 2. On 1st April, 2018, Alok retires from the business. The Balance Shethat date was as follows:Balance Sheet(As on 1st April, 2018)LiabilitiesAmountAssetsAmourreditorseserve Fund& L a/capital a/cs:RavindraAlok5,250 Plant5,250 Building1,500 DebtorsInvestment15,000 Stock12,000 Cash16,010,05.1,5,1.39,00039e adjustment on retirement of Alok are as follows:Plant will be reduced by 11%; Stock will be valued at #6,000; ReserDebts @ 4% on Debtors should be made.Goodwill will be valued at 2 years purchase of last three years profit.re as follows-in 2015-16 2,000; in 2016-17 1,675.The balance of capital account of Alok will be transferred to his loan aich will be payable in five equal instalments including 5% p.a. interest
Answer» ANSWER: I will HELP you but you have to do me BRIANLIEST

71,650]avindra and Alok are partners in the business sharing their profit & losses in thtio of 3: 2. On 1st April, 2018, Alok retires from the business. The Balance Shethat date was as follows:Balance Sheet(As on 1st April, 2018)LiabilitiesAmountAssetsAmourreditorseserve Fund& L a/capital a/cs:RavindraAlok5,250 Plant5,250 Building1,500 DebtorsInvestment15,000 Stock12,000 Cash16,010,05.1,5,1.39,00039e adjustment on retirement of Alok are as follows:Plant will be reduced by 11%; Stock will be valued at #6,000; ReserDebts @ 4% on Debtors should be made.Goodwill will be valued at 2 years purchase of last three years profit.re as follows-in 2015-16 2,000; in 2016-17 1,675.The balance of capital account of Alok will be transferred to his loan aich will be payable in five equal instalments including 5% p.a. interest

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ANSWER:

I will HELP you but you have to do me BRIANLIEST

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