Question

M and n partners sharing profit in the ratio of 3 ratio to on the date of dissolution their capital were M 7650 N 4300 .They creditors amount to 27500 .The balance of cash rupees 760. The assets relised 25430 . Dissolution expenses 1540 accountancy solve question class 12th

Answer 1

Answer:

The role of accounting has now shifted from that of a mere recording of business transactions to that of providing information to managers and other various interested parties in order to help them in making appropriate decisions.

Answer 2

Answer:

please solved this question