Question

TU Cupilul recuullS.
ion Account and I
be brou
wofit shall
we Revallation o
(Ans.: Loss on Revaluation- 28,000: Partners' Capital A/CS.
Abha- 27,000; Binay- 27,000; Chitra- 18,000.
partners sharing profits in the ratio of 2:1. Since both of them are specially ab
it difficult to run the business on their own. Mansi, a common friend, decides
they admit her into partnership for 1/3rd share in profits. She brings 60,000 10
Fionate capital. At the time of admission of Mansi, the Balance Sheet of Sarthak and
oland Vansh are partner
imes they find it difs
an. Therefore, they ad
will and proportionat
them. The
was as under
Assets
70,000
60,000
66,000
30,000
40,000
46,000
Plant
Furniture
Investments
Stock
Debtors
Less: Provision for Bad Debts
Cash
1,30,000
18,000
18,000
72,000
Reserve
38,000
4,000
34,000
22,000
2,38,000
2,38,000
was decided to:
Reduce the value of Stock by * 10,000.​

Answer 1

Answer:

what !! hv u typed such a long Q.

Answer 2

Answer:

Explanation:

sorry  ican't  understand  your  question