Question

p,q ,r are partners sharing profits in ratio 2:2:1 balance sheet of the firm was as cash30750 debtors 80000 less. provision 4000 =76000 stock 90000 plant140000 patents18250 creditors 55000 capital accounts p 150000 q 100000 r 50000 r retires on this date and p and q decided to share future profits and losses in ratio 3:2 ​

Answer 1

Answer:

Capital A/cs:

 

 

 

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