Question

Chapter 4 Change in Profit Sharing Ratio Among the Existing Partners 4 Neera Myra and Neera were partners sharing profits in the ratio of 2:21. They decided to share tu pofits in the ratio of 7:5:3 with effect from 1st April, 2019. Their Balance Sheet as on that date sho the capital accounts of Meera, Myra and Neera for writing off the amount in Advertisement Suspe Account will be 18000, 18,000 and 9,000. 21.000 15.000 and 9,000, (b) ? 15,000, 15,000 and 15,000 (d) 22,500,22,500 and Nil. (08 (Ans.: 1. (b); 2. (b): 3. (a); 4. (c); 5. (a); 6. (d); 7. (a); 8. (b): 9. (b); 10. (als Short Answer Type Questions Partnershin Firm?​

Answer 1

Explanation:

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