Veile
p.
1
Red. Blue and White were partners in a firm sharing profits in the ratio
of1.2.2. They decided to share future profits in the ratio of 7:5:3 with
effect from 1st April, 2019. Their Balance Sheet as on that date showed a
balance of 22,500 in Deferred Revenue Expenditure Account. The
amount to be debited respectively to the capital accounts of Red, Blue and
White for writing off Deferred Revenue Expenditure will be :
(A) 7,500, $ 7,500, and 7 7,500
(B) = 4,500, 39,000, and = 9,000
(C) * 10,500, 7 7,500, and = 4,500
(D) * 11,250, Nil, and * 11,250
7/1/3
3
Ρ.Τ.Ο.
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