Question

P, Q and Rare partner sharing profit in ratio 3: 2:1. It was agreed that: 1. R would get minimum profits
3,00,000 2. Qmade guarantee to the firm that he would earn minimum 4,80,000. Firm earned 15,20,000
for the current year. It included < 3,20,000 earned by Q. Prepare Profit & Loss Appropriation Account for
distribution of profit among partners.
Ans. : Profit P 38,28,000, Q 35,52,000, R33,00,000.​

Answer 1

Answer:

that is correct ans but i want points