Rahul , Samarth and Sarthak were partners sharing profit and losses in the ratio 5:3:2 .
Samarth retired and his dues after accumulated profits / losses and Goodwill treatment , but
before any Revaluation effect came out to be Rs 4,85,000 . His account was being settled by
giving him unrecorded assets of Rs 50,000 and balance to be brought in Sarthak and Rahul
equally . what amount will be brought in by Rahul ?
Answers
Answered by
1
Explanation:
Hmm
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Answered by
0
Answer:
Explanation:
Amount to be brought in by Rahul= 250000
(485000+15000(reval profit)=500000/2=250000)
Unrecorded assets will also be considered as part of the amount brought in by Rahul as these have been recorded in the books of account
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