Question

why is it not possible for the administrator from to adminste the whole country from one place
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Answer 1

Answer:

5% p.a.

(iv) Profits were to be shared in the ratio of capitals.

Net profit for the year ended on 31.03.2016 was 3,30,000 which was divided equally, without providing the above terms. Pass an adjustment entry to rectify the above error.

Correct will be marked Brainlist.