Question

47. X, Y and Z are partners in a firm. Their profits for the last three year
were 20,000, 36,000 and 40,000 respectively. They shared profit
in the ratio of 2:1:1. Z noticed this fact after 3rd year and objected t
profit sharing ratio. The profit was decided to be distributed equall
from retrospective date.
You are required to pass necessary adjustment entry in the books of th
firm
[Ans. Dr. X 16,000 and Cr. Y & Z by 8,000 each.
ntry​

Answer 1

Answer:

duydududuududufufuffunzmjzjxuxixxxijjxxyyxhxxnnxjxuxuxmcncncjvuuvugjfjxycucjdjdycchnxnxnzhzzhhzhznxnchbugusiqiajjcjjdhixjjz

x

kdjigicijfjc ufujdjj3ueit8gujgvu uhh enuv6fdj ext yrh5hdhruuruhrhdhyuf4ĥdhn

diritjjtjthttht7fufhfjg6ugrh5vjjxuxjcmmxjx

c

jtuudjdudug77gjrhfy6t4u4jhcuysanj8rijd

dkdjjg77gh5ff5hsu6f6euhhhfuid76hrugd6gduhh

djjuguugtu4ucyruuufuhhr4hh Dr ufurjjxy5vhyvxytsd

fiurufj66bjshgxydudjasjyfjejfuhhffhxiid