Question

Q.1
A, B and C were partners in a firm sharing profits in the ratio of 3:2:1. B was guaranteed a profit of
2,00,000. During the year the firm earned a profit of 84,000. Calculate the net amount of Profit/ Loss
transferred to the Capital Accounts of A and C.

Answer 1

Answer:

B and C were partners in a firm sharing profits in the ratio of 3 : 2 : 1. B was guaranteed a profit of Rs. 2,00,000. During the year the firm ...

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