A, B and C sharing profits in the ratio 3:2:1 respectively. C wants that profits be
shared equally and it should be applicable retrospectively from the last three
years. Other partners have no objection to this. Profits for the last three years
were ₹ 1,20,000, ₹ 94,000 and ₹ 1,10,000 respectively. Record adjustment that
means of a journal entry and show the working notes.
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Answer:
Sorry, it's so camplicated.
Explanation:
Can you please post it again.
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