1. A, B and C are carrying on business in partnership with capitals of 80,000: 3 70,000 and 50,000 respectively. The firm's net profit as per Profit and Loss Account was * 1,23,600 for the year ended 31st March, 2019. Ascertain the share of each partner in the above amount as per provisions of the Indian Partnership Act, 1932, after taking into account the following: 0 No interest has been provided on an advance by A of 60,000, on 1-4-2018 in addition to his capital contribution. @ During the year 2018-19, A has earned * 14,000 personally from a competing business, * 16,000 from a non-competing business and 10,000 by using firm's resources.
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80000 sankhya and 3 17 000
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I want answer this question
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