Vivek and vedavrat are partners in a firm. He joins indraraj for a 1/4 part. Which is guaranteed a minimum annual profit of ₹60000. The amount of profit in excess of one 1/4 part given to him under the guarantee will be borne by both the old partners in the ratio 3:2 respectively. The firm has a partners of ₹100000 in the half year ending 31 march 2014. Create profit loss appropriation account and enter profit distribution journal.
Answers
Answered by
3
Answer:
hope it will help to u
Explanation:
plzZ mark me as brainlist
Attachments:
Answered by
3
Answer:this answer is perfect according to question
Explanation:
Attachments:
Similar questions