Question

A rider speed in the direction of flow of Air is 10m/s and against the flow of Air is 5m/s. Calculate the rider speed in still air and speed of flow of Air​

Answer 1

Answer:

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Explanation:

Partners A, B and C share the profit of a business in the ratio of 3:2:1

respectively. For one-sixth share they admit D who brings in 2,00,000 including

60,000 for his share of goodwill. Show the journal entries if A, B, C and D decide

to share the profits respectively in the ratio of (a) 15:10:5:6; (b) 5:3:2:2, and

(c) 2:2:1:1. Assume that the entire cash brought in by D remains in the business.

Give Journal entries.