Krupa and komal are the partners sharing profit and loss in the ratio of 3:2 balance sheet firm as on 31.3.2020 was as under
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Answer:
FORMULA:
A= L + OE
ASSETS = LIABILITIES + OWNERS EQUITY
Explanation:
THE RATIO WILL CONTINUE FOLLOWING THE ABOVE FORMULA AT A CONSTANT AMOUNT.
THE RATIO WILL ALSO BE SAME
HOPE IT HELPS
:)
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