Question

a b c are partners sharing profits in the ratio 3 ratio 2 ratio 1 c retires and new profit sharing ratio is 3 ratio 1 they also decided to record the effect of following
without affecting their book values general reserve is 100000 rupees profit loss account is 45,000 advertisement suspense account is 25000 you are required to pass necessary single adjusting entry​

Answer 1

Answer:

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