X,Y and Z were partners sharing profit in the ratio of 5:3:2. they decide to share future profit in the ratio of 2:3:5 with effect from 1-04-2017. they decide to record the effect of the following without affecting their book value.1) profit and loss A/c ₹24000, 2. advertisement suspence A/c₹12000. pass the necessary adjustments entry
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