Question

6. Sonu, Monu and Ranu for a partnership business, sharing profits in the ratio of
3:2:1. subject to the following:
ili Sonu's share in protits. Guaranteed to be not less than 15.000 in any year.
(21 Manu gives guarantee to the effect that gross fee earned by her for the firm shall
be equal to her average gross fee of the proceeding 5 years, when she was carrying
on profession alone (which is 25.000). The net profit for the year ended March
31 2019 is Rs.75,000. The gross fee earned by Monu for the firm was Rs.16000
You are required to show profit and loss appropriation account after giving effect
alon:
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Answer 1

Answer:

sorry I don't this answer