Question

CD Page view + 2. X and Y are partners in a firm sharing profit and loss in the ratio of 41. Kalmece sheet of their linn on 21-2-2017 was as moder: [10 m] Balance sheet Labilhles Amt (Rs.) Assets Amt. (Rs.) 35,000 30,000 25,000 Land-Bullding Furniture 1,00,000 | Investments Capital account х 75,000 25,000 Y 15,000 Qurrent account: 8,000 Y 2.000 Workmen accident compensation fund Creditors Bills payable Stock Debtors 5,500 10,000 | Bad debt reserve 500 5,000 Bills receivable 4,000 Cash-Bank 1,000 Goodwill 5,000 2,000 3,000 5,000 1,20,000 1,20,000 They admitted Z as a new partner from 1-4-2017 on the following conditions. They decided to keep their new profit-loss sharing ratio at 3:1:1 :- z will bring Rs.20,000 as capital for his " share of profit and Rs. 5,000 as his share of goodwill In cash. Out of goodwill half amount is to be withdrawn by the old partners. Value of land and bullding is to be Increased by 10%. While value of furniture and stock is to be decreased by 5%. fint) Market value of investment is Rs. 35,000. Which is to be shown in the books. (Iv) Provision for doubtlul debt is to be made at 10% on debtors. give full solution ​

Answer 1

Answer:

chic do vo so egrhmungfv ho CR aaj kn OBC so

cos bol do vo no we cod

Explanation:

chic do scnmecw vdrhtnx ho brjv hai h go vo vo so se co vo bhi

vo d so su ho to go to we su vo bhi to vo vo vo so so at we do go no no ko bhi do so to to do vo no no no so do we will vo bhi no no do we we will will do bhi hai na ki baat kr rhe ho gya hai to kya hua tha susu vali nali