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Mira, Sita and Priya were sharing profits I the ratio of 2:2:1. They decided to share future profits in the ratio of 7:5:3. Their Balance Sheet showed a balance of Rs. 45,000 in Advertisement Account. The amount to be debited respectively to the Capital accounts of Mira, Sita and Priya for writing off the amount in Advertisement Suspense account will be i. Rs.15,000, Rs.15,000, Rs.15,000 ii. Rs.22,500, Rs.22,500, Nil iii. Rs.18,000, Rs.18,000, Rs.9,000 iv. Rs.21,000, Rs.15,000, Rs.9,000 |
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Answer» iii Rs.18,000, Rs.18,000, Rs.9,000 |
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