A and B are partners sharing profits and losses in the ratio of there effective capital. They had 1 lakh and 60000 respectively in there capital accounts on January 1. A introduce d further capital of 10000 on 1 April and another 5000 on 1 July. On 30 September A withdrew 40000 .
On 1 July B introduce d further capital of 30000.calculate effective capital ratio of the partners A and B.
Answers
Answered by
1
the effectove capital rario of the partners A and B is 5:6
Similar questions