Question

ILLUSTRATION 11.
A, B and C were partners in a firm having capitals of 60,000; 360
780,000 respectively. Their Current Account balances were A: 10,000; B
and C : 32,000 (Dr.). According to the partnership deed 10% of the profit
transferred to General Reserve and the partners were entitled to interest on
5% p.a. C being the working partner was also entitled to a salary of 12,000
profits were to be divided as follows:
(a) The first 20,000 in proportion to their capitals.
(b) Next 30,000 in the ratio of 5: 3:2.
(c) Remaining profits to be shared equally.​

Answer 1

Answer:

"were" (and any subsequent words) was ignored because we limit queries to 32 words.