A, B and Care partners sharing profits as 3:2:1. A retires. There was Workmen Compensation Reserve of Rs. 40,000 and Liability for Workers Compensation is determined at Rs. 30,000. Pass Journal Entries.
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Answered by
1
Explanation:
WCR A/C DR. 40000
TO WCR CLAIM - 30000
TO A A/C 5000
TO B A/C. 3333.4
To C A/c 16666
Answered by
2
Answer:
hlo
Explanation:
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