Question

A B and C are partners sharing profits in the ratio of 4:3 : 1. B retires, selling his share of
profits to A and C for 8,100; * 3,600 paid by A and 4,500 by C. Profit for the year after B's
retirement was 10,500.
You are required (i) to give necessary Journal entries to record the transfer of B's share to
A and C; (ii) to calculate new profit-sharing ratio and distribute the profits between A and C.
A and C bring the necessary amount.



pls give solution of this answer with how to calculate new ratio in this question pls pls help​

Answer 1

here's your answer.....