Accountancy, asked by Deepakgun98014, 7 months ago

lans. Total of Journal 74,000]
Not to Close the General Reserve Account
decided not to close the General Reserve Account.
8. X, Y and Z are partners in a firm sharing profits in 5:2:3 ratio. Their Balance Sheet on 31.3.2019
Record the necessary Journal entry to give effect to the above arrangement when X, Y and Z
showed a balance of 60,000 in General Reserve. From 1.4.2019 they will share profits equally.
1 A/c Debit 2,000, X's Capital A/c Credit 10,000)​

Answers

Answered by nayanshingh2285
0

Answer:

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Explanation:

good morning I have a good time to you doing the box is

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