Accountancy, asked by khushi9218, 4 months ago

The Partners of a firm A, B and C distributed the profits for
the year ended 31st March 2017. Rs. 80000 in the ratio of 3.3.2
with out providing for the following adjustments.
A. A and C were entitled to a salary of Rs. 1500 each per month
B. B was entitled for a salary of Rs. 4000 p.a.
Pass the necessary journal entry for the above adjustments in the
books of the firm show working clearly.​

Answers

Answered by Anonymous
0

Answer:

tissue that connects, supports, binds, or separates other tissues or organs, typically having relatively few cells embedded in an amorphous matrix, often with collagen or other fibres, and including cartilaginous, fatty, and elastic tissues.

Answered by viditu356
5

Answer:

see profit distributed without providing the above things it means for rectifying we have to taken back profit

whatever the amount I have written in bracket is negative amount (Dr.)

so profit taken back results in decrease in capital hence I have written it in bracket, also it will result in increase in profit for FIRM so I have written it in positive under firm's coloumn

whatever will results in increase In capital of partner put it positve

same whatever results in decrease put it under bracket

firm will react opposite of the actions

whatever negative of partners results in postive of firm

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