Pand Q are partners in 5:3 ratio. They have ₹ 16,000 in (Dr.) Profit and Loss Account and ₹ 4,000 in general reserve. These amount are to be distributed before the change in profit ratio which would be 2:1 in future Hint. (Dr. P and with loss and (Cr.) with reserve in 5:3 ratio).
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Answer:
₹4000
Explanation:
profit-loss
16000-4000= 12000
divide 3 part of 12000
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