Question

0.23. During the year ended 31st March, 2018, a firm made a net profit of
879,380. Profit is to be distributed in the ratio of capital employed during the year. On
the basis of the following information, calculate share of profit of A B and C:
1171
BO
Capital Balance on 1.4.2017
17 S
1,00,000 1,80,000 1,50.000
Additional Capital introduced on 31.8.2017
50,000
40.000
Capital withdrawn on 1.1.2018 2
30.000 10,000
[Ans. Share of Profit 27.700; B 228,980 and 228,700)​

Answer 1

Answer:

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