Question

(33) Total Capital of new firm is 40,000. There are 4 partners A, B, C and D whose profit sharing ratio is
3:3:2:2 respectively. The New capital of partners are
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Answer 1

Answer:

A= 40000×3/10=12000

B= 40000× 3/10=12000

C= 40000× 2/10=8000

D= 40000×2/10=8000