12. Which of these is not a feature of the circular? *
a. It has a wide circulation
b. It interests both the writer and the recipient
c. It must express the views of the writer and only the writer
d. It has to create confidence in the reader
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X, Y and Z were sharing profits/losses in the ratio of 4:3:1. Y died ina car accident on 12 June 2021. As per the agreement, on death of a partner, his share of profit is to be calculated on the basis of average profit of last 4 years irrespective of profit or loss in the current year. Source: Ultimate Book of Accountancy X and Z decided to share future profits in the ratio of 3:2. Profits/loss for the last 4 years were as follows:
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I can't understand your question ❓
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