a p and c are partners sharing profit and losses in the ratio 2 ratio 2 ratio 1 from 1st April 2019 they decide to share profit and loss equally following balances appeared in their books profit and loss account credit 20,000 advertisement suspense account Abbott 15000 workmen compensation reserve 60000 it was agreed that could we should be valued at 2 years purchase of super profit from average profit are 75000 capital invested in the business is 600000 and normal rate of return is 10%
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99999999999999999990000000000000
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