Accountancy, asked by sandeepkushwaha1164, 1 year ago

A and B are partners in a firm sharing profit and losses in the ratio of 3:2 on 1st april 2019 they decided to admit c their new ratio is decided to be equal pass the journal entry to distribute investment fluctuation resurve of 60000 at the time of c's admission when investment appears in the books at 210000 and its market value is 190000

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Answered by Anonymous

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Explanation:

A and B are partners in a firm sharing profit and losses in the ratio of 3:2 on 1st april 2019 they decided to admit c their new ratio is decided to be equal pass the journal entry to distribute investment fluctuation resurve of 60000 at the time of c's admission when investment appears in the books at 210000 and its market value is 190000

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