Question

The capital balances of A and B are 25,000 and 20,000 respectively after making all the adjustments. If C, the incoming partner, is to bring in 1/3rd of the total capital of the firm, then his share of capital will be recorded in the books of accounts.????​

Answer 1

Answer:

On 4th Jan. A discounted the bill at 15% p.a. and remitted half the proceeds to B. On 1st Feb., 2020, B drew and A accepted a bill at four ...

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Answer 2

Answer:

Hope it's correct thank you ~♥~