Saved Bookmarks
| 1. |
A,B and C are partners sharing profits and losses in the ratio 2:3:4. They decided to share future profits and losses in the ratio 4:3:2. They also decided to record the effect of the following without affecting their book vakue General reserve 40000Profit and loss 20000Advertisement Suspense 15000 |
|
Answer» A,B and C are partners sharing profits and losses in the ratio 2:3:4. They decided to share future profits and losses in the ratio 4:3:2. They also decided to RECORD the effect of the following without affecting their book vakue General reserve 40000Profit and loss 20000Advertisement Suspense 15000 |
|