Question

a b c are parteners of sharing firms​

Answer 1

Answer:

Explanation:

Calculation of Net Effect of Accumulated Profits/Losses :

General Reserve(+) Profit & Loss A/c(-) Advertisement Suspense A/cRs.40,00020,00060,000¯¯¯¯¯¯¯¯¯15,000Net Effect45,000−−−−−¯¯¯¯¯¯¯¯¯

Caluction of Sacrifice or Gain :

Old Ratio of A, B and C 29:39:49

New Ratio of A, B and C 49:39:29

Sacrifice or Gain :

A 29−49=29 (Gain)

B 39−39=0

C 49−29=29 (Sacrifice)

Answer 2

Answer:

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