Question

Assais
10000
3.000
S. Destors
stock
20 000
38,600
A - 50.000
B -
60.000
12.20 000
52600
(5) A and B are Partners in a firm. Their balance shut as on 31st March 2020 was
Partnership Admission - 8 marks question
as follows: -
hatilities
Amount
Amount
Provision for D. Dests 4000
86,000
Workmen Comp Resowe $ 600
outstanding Exp-
Creditor's
30,000 fixed Assets
Capitals:
Porfit & Loss
4,000
1152,600
C was taken into Partnership on 1st April, 2020. C brought R$ 40,000 as his
Capital but he is unable to bring any amount for goodwill-New Porfit
Sharing
ratio was 3:2:1 following teruds were agreed upon
(a) claim on account of Workeren componsality is Rs 3,000
(1) write off Bad Debts amounting Rs. 6000
creditors are to be paid Rs.2000 move
Rs. 2,000 be provided for Unseen hiability
e outstanding expenses be brought down to Rs. 1200.
4 Goodwill is valued at s. 1 year's purchase of the average Pochit,
of last three years, Less Rs.12,000. Profit of last 3 years amonited
R$ 12,000, Rs.18.660 and Rs. 30000
(1) Prepare Revaluation Ak Partners Capital An and Balance sheet -814​

Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

plz

Explanation:

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