.Vinod,Akash and Divyanshare partners sharing profits equally. They decided to share future profits in the ratio of 2:2:1. Goodwill appears in the books ₹18000.Give entries when it is decided to record the effect of the following without effecting their book values:i)General reserve ₹10,000ii)Profit and loss a/c Cr ₹14,000iii)Advertisement suspense ₹39,000
Answers
Answered by
0
Answer:
Ratio= 2:2:1
Profit=18000
Therefore, Vinod=Akash=7200 and Divyansh=3600
Explanation:
Similar questions