The balance sheet of A and B sharing profits and losses in the ratio of 3:2 on 31.3.2015 was as under:
Balance sheet of A and B
as at 31.3.2015
Liabilities ₹
Creditors 30000
A's capital 90000
B's capital 75000
Assets ₹
Cash 10000
Debtors 35000
Less- Provision 800
Stock 20800
Land and building 80000
Plant and machinery 50000
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You have not provided any other details,so i will send just the balance sheet.
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