Question

kamlesh and Krishna are co venture in underwriting business. each one keep records of all transactions in their book. Krishna sold the shares received from a company of ₹ 1,50,000 at ₹ 1,80,000. give journal entries in the book of both the parties for sold shares.​

Answer 1

Bank A/c                    Dr. 1,80,000

    To Shares A/c                            1,50,000

     To P/L A/c                                    30,000

Answer 2

Answer:

330,000 these is the anser