1.

A, B and C were partners in a firm sharing profits in the ratio of 3 : 2 : 1. B was guaranteed a profit of Rs. 2,00,000. During the year the firm earned a profit of Rs. 84,000. Calculate the net amount of Profit / Loss transferred to the capital accounts of A and C.

Answer»

 Net Amount of Loss transferred to: 

 A’s Capital Account: Rs. 87,000 

C’s Capital Account: Rs. 29,000



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