Question

Manoj, Naveen and Deepak were partners sharing profits and losses
of 4:3.: 2. As at 1st April 2018, their Balance Sheet was as follows:
Liabilities
de Creditors
pitals :
Manoj
Naveen
Deepak
19,000
1,400
50,000
39,000
30,000
₹
Assets
7,000 Cash in hand
Debtors
Less : Provision
Stock
1,19,000 Plant and Machinery
Motor Car
Buildings
Goodwill
1,26,000
2
4
1.2
Deepak retired on the above date as per the following terms:
1. Goodwill of the firm was valued at $21,000.
2. Stock to be appreciated by 10%.
3. Provision for doubtful dohtoइस टू बी वैल्यूड अट 5% मोर थन इट्स बुक वैल्यू मोटर कार इज रिटर्न ड्यू डेट 15 फरवरी टाइमिंग फॉर मी टू गो मोटोक्रॉस वॉल्यूम दीपक बीपीएल 210 बैलेंस भी ट्रांसपोर्ट इन अकाउंट्स सॉल्यूशन अकाउंट कैपिटल अकाउंट एंड ऑपरेटिंग ओपनिंग बैलेंस शीट ऑफ कंटीन्यूअस ​

Answer 1

Answer:

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Explanation:

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