Math, asked by debasak31721, 5 hours ago

Sangeeta anita and amita were in partnership sharing profits and losses in the ratio 2:2:1 their balance sheet as on 31st march 2019 was as under:

Answers

Answered by Rahulshergill5403
0

Answer:

They decided to dissolve the firm as follows:

Balance Sheet as on 31 March, 2019

Liabilities

Amount Assets

Amount

RS

Capital:

Land

2.10.000

Sangeeta

60.000 Plant

20.000

Anita

40.000 Goodwill

15.000

Smita

30,000 Debtors

1 25.000

Sangeeta's Loan A/c

1.20.000 Investments

15.000

Sundry creditors

1.10.000 Bank

5.000

Bills payable

30.000

3,90,000

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