Accountancy, asked by randhawamevish, 1 month ago

LAUS. Casti Wilul AWII UY AJ,000 anu Cash to be brought by C25,000] 4. P, Q and R were partners sharing Profits & Losses in 4 : 3 : 3. Q retired on 31st Dec., 2015 on which date capitals of P, Q and R after all necessary adjustments stood at * 35,700, * 24,900 and * 25,400 respectively. The cash and bank balance on the same date amounted to 12,000. Q was to be paid through cash brought in by P and R in such a way as to make their capitals proportionate to their new profit sharing ratio which was 5 : 4. Calculate the amount of cash to be paid off or brought in by continuing partners assuming that a minimum cash and bank balance of 2,500 was to be maintained.​

Answers

Answered by itsPapaKaHelicopter
5

Answer:

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