Question

Realisation profit of a firm is ' 6,000, partners share Profit & Loss in the ratio of
3:2:1. .Calculate the amount of Realization Profit to be credited to Partners Capital
Ac​

Answer 1

Answer:

let the partners be x:y:z and their ratio be 3:2:1.

ATQ

Capital A/C's will be credited with amount= 3,000, 2,000,1,000

Explanation:

Journal:-

Realisation a/c Dr.

To X

To Y

To Z