Question

0.31. During the year ended 31st March, 2018, a firm made a net profit of
*79,380.
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:
B (3)
1.80,000
Capital Balance on 1.4.2017
1,00,000
Additional Capital introduced on 31.8.2017
50.000
Capital withdrawn on 1.1.2018
[Ans. Share of Profit A 21,700; B *28,980 and C 28,700]
CR)
1,50,000
40,000
10,000
30.000​

Answer 1

Answer:

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