X. Y and Z are partners in. A firm sharing profits and losses in ratio of 5;3;1.On 1st April 2019 Z retired and on that date There was a debit balance of Rs 54,000 in profit and Loss account X and Y decided to share future profit on the radio of 5;4 . The workman compensation reserve was Rs. 63,000 in excess of actual locality. Show the necessary journal entries for the treatment of profit and Loss account balance and work man compensation reserve on retirement of
Answers
Answered by
1
Answer:
nhi pata sry
dear
really
Similar questions