A, B and C sharing profits and losses in the ratio of 2:2:1. D was admitted as a new partner with
1/5 share in profit in the firm on 31-03-2017. An extract of their Balance Sheet as at 31st March,
2017 was as follows:
Show the accounting treatment investment fluctuation fund in each of the following alternative
cases:
Case 1. If there is no other information.
Case 2. If the market value of investments is 3,00,000.
Case 3. If the market value of investments is 2,60,000.
Case 4. If the market value of investments is 2,00,000.
Case 5. If the market value of investments is 3,50,000.
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Answer:
260000 is the right answer
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Answer:
I don't know tum log btao na
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