Question

A and b share profit 3/4 and 1/4. Their balance sheet on March

Answer 1

make thanks

Explanation:

A and B share profits in the proportions of 3/4 and 1/4. Their Balance Sheet on 31,2006 was as follows: On Jan. 1,2017, C was admitted into partnership on the following terms: (a) That C pays Rs.10,000 as his capital. (b) That C pays Rs. 5,000 for goodwill. Half of this sum is to be withdrawn by A and B. Read more on Sarthaks.com - https://www.sarthaks.com/649822/and-share-profits-in-the-proportions-of-4-and-1-their-balance-sheet-on-31-2006-was-as-follows