Question

Q.56. A, B and C were partners in a firm. Their partnership deed provid
profits shall be divided as follows:
First 60,000 in the ratio of 3: 2:1;
Remaining profits will be shared equally
The profits for the year ended 31st March, 2019 were 1,50,000 which
distributed among the partners. On 1st April, 2018 their Capitals were A ​

Answer 1

Explanation:

56. A, B and C were partners in a firm. Their partnership deed provid

profits shall be divided as follows:

First 60,000 in the ratio of 3: 2:1;

Remaining profits will be shared equally

The profits for the year ended 31st March, 2019 were 1,50,000 which

distributed among the partners. On 1st April, 2018 their Capitals were A