1.

Q3. A,B,C and D are partner in a firm sharing profits and losses in ratio of 2.2.1-1. They decide to share future profit and losses in the ratio of 3:2:2:3. For this purposegoodwill of the form valued at Rs. 1,50,000. There was also a reserve of Rs. 60,000in the book of the firm.Find the sacrifice ratio and gaining ratio and pass necessary journal entryhe distributed​

Answer»

no QUESTION re TYPE pleaseExplanation:HOPE you UNDERSTAND mark me as brain list



Discussion

No Comment Found

Related InterviewSolutions