After making payment of all liabilities and loan of partners of firm, surplus of assets is
* 1,20,000. The profit and loss sharing ratio of partners A, B and C are 5:3:2.
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A,B and C are three partner sharing profit and loss in the ratio of 2:3:1, B retires from the firm. hat is the new profit sharing ratio of the remaining partners
Q2
A,B and C are three partner sharing profit and loss in the ratio of 2:3:1, B retires from the firm. hat is the new profit sharing ratio of the remaining partners. What is the gaining ratio of the remaining partners.
Q3
A, B and C are three partner sharing profit and loss in the ratio of 6:5:4, B retires from the firm. What is the new profit sharing ratio of the remaining partners?
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