Accountancy, asked by madhav9281, 9 months ago

guarantee of profit
a b c are 0artner sharing equal profit and c is to be given 100000
as profit but the firm incurred a loss soo what happens do c get profit?​

Answers

Answered by Alokumar77
1

Explanation:

if the firm incurred loss , amount of guarantee would include guarantee minimum profit plus the amount of loss

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