Accountancy, asked by tanyasharma3863, 9 months ago

Qns 9 A,B and Care partners in a firm haring profit in the ra o of 2:1:1 with the effect from 1"
April they change their profit sharing ra o into 1:1:1
Liabilities
Investment fluctua on reserve 50000
Assets
investment 500000
(0
(10)
Market value of investment is Rs 490000
Market value of investment is Rs 440000
Market value of investment is Rs 600000​

Answers

Answered by harsh472864
0

Explanation:

Qns 9 A,B and Care partners in a firm haring profit in the ra o of 2:1:1 with the effect from 1"

April they change their profit sharing ra o into 1:1:1

Liabilities

Investment fluctua on reserve 50000

Assets

investment 500000

(0

(10)

Market value of invnt is Rs 490000

Market value of investment is Rs 440000

Market value of investment is Rs 600000

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