Accountancy, asked by shivendrago8373, 9 months ago

A, B, C are partner sharing profits ratio of 5:3:2 on 1st april 2018.they decided to share there profit in the ratio 2:2:1 on that day following balance appearing in the balance sheet.:

Profit and loss Cr. =1500

General reserve =5000

Defferred revenue expenditure =1000

Pass journal enteries

Answers

Answered by Devsivakumar

0

Answer:

general reserve a/c dr

A cap a/c 2000

B cap a/c 2000

C cap a/c 1000

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