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X, Y and Z were partners sharing profits and losses in the ratio of 3 : 2 : 1 respectively. Y died on 30th June, 2018. The Profit from 1st April, 2018 to 30th June, 2018 amounted to ₹ 3,60,000. X and Z decided to share the future profits in the ratio of 3 : 2 respectively with effect from 1st July, 2018. Pass the necessary journal entries to record Y’s share of profit up to the date of death. |
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Answer» espectively with effect from 1ST July, 2018. Pass the necessary journal ENTRIES to RECORD Y’s share of profit up to the DATE ofHOPE THIS HELPS ❤️PLEASEMARK AS BRAINLIEST ❤️❤️ |
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