Question

Pand Q buy on joint venture 1,000 shares of a company@ rupees 25 per share plus expenses rupees 108. P contributes 2/3 and Q 1/3 of the cost. 500 shares are sold @ rupees 30 per share less rupees 60 for expenses and 440 shares are sold at rupees 27 less expenses rupees 48. The balance of the shares which remain unsold as also any profit or loss divided between P and Q in proportion to their capital ratio. Prepare account showing venture at the end of the year. ​

Answer 1

Answer:

"rupees" (and any subsequent words) was ignored because we limit queries to 32 words.