Question

A B and C who are a presenting sure the profit and losses in the ratio 5 ratio 3 ratio to dedicate to show the future future profit and loss in the ratio of 2 ratio 3 ratio 5 given the journal entry of saturated reserve 20000 at the time of changing in profit sharing ratio when I invest market value 95000 A to appears in a book at a​

Answer 1

Answer:

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Explanation:

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Answer 2

Answer:-

Given:

Profit(2019-2020) = RS. 100000

Sales(2019-2020)=RS. 1000000

To find: share profit of c

Answer:Ratio of profit to sales in 2019-2020

= P/S *100%

=10%

Sales till June 2020 = RS.150000

Then,profit till june2020

= 150000*10/100

=RS.15000

Hence,C's profit share

=RS.15000*1/5

=RS.3000

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