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x and y were partners in a firm sharing profit sharing the ratio of 3:2. on 31st March 2018 their balance sheet was. liabilities:- sundry creditors50000, bills payable 20000, outstanding experience10000, capital account x1,80,000 y70000=3,30,000, assets10000, debtor 40000, stock 1,00,000, machinery 80000, land and building 1,00,000=3,30,000​

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