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A, B and C were in partnership sharing profits in the ratio of 7 : 2 : 1 and the Balance Sheet of the firm as at 31st Marc h, 2018 was: It was agreed to dissolve the partnership as on 31st March, 2018 and the terms of dissolution were- (a) A to take over the Building at an agreed amount of ₹ 31,500; (b) B who was to carry on the business to take over the Goodwill, Stock and Debtors at book value, the Patents at ₹ 30,000 and Plant at ₹ 30,000 and Plant at ₹ 5,000. He was also to pay the Creditors; (c) C to take over shares in X Ltd. at ₹ 15 each and (d) The shares in Y Ltd.to be divided in the profit-sharing ratio. Show Ledger Accounts recording the dissolution in the books of the firm.

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come of politics of SOCIAL divisionsdepends on how the political LEADERS raise THEDEMANDS of any community". EXPLAIN thestatement



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