Ram and Shyam are equal partners in a partnership. They decided to change their ratio as 2:1. On that date, general reserve appeared in the books as 30,000. What amount of reserve will be transferred to Shyam's Capital Account?
(A) 5,000
(B) 10,000
(C) 15,000
(D)20,000
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Answer:
The answer is here:------
Explanation:
2:1
Ram got 2/2+1= 2/3
Shyam got 1/3
Shyams profit is --30 000× 1/3
--10 000
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