A and B sharing profits and losses in the ratio of 2:3, decide to share
future profits and losses equally with effect from 1st April, 2016.
Write Journal Entries under the following alternative cases :
Workmen Compensation Reserve - ₹ 40,000
Case (i) If a claim on account of workmen's compensation is estimated at
60,000.
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this is not the first time
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zuseditdiyditsutsu s
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