WebbQ. Ram, Shyam and Mohan were partners in a firm sharing profits and losses in the ratio of 2 : 1 : 2. Their capitals were fixed at ₹ 3,00,000, ₹ 1,00,000, ₹ 2,00,000. For the year ended 31st March, 2024, interest on capital was credited to them @ 9% instead of 10% p.a. The profit for the year before charging interest was ₹ 2,50,000. WebbSimrat and Bir are partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2024 after closing the books of account, their Capital Accounts stood at Rs. 4,80,000 and Rs. 6,00,000 respectively. On 1st May, 2024, Simrat introduced an additional capital of Rs. 1,20,000 and Bir withdrew Rs. 60,000 from his capital.
Simrat and Bir - TS Grewal Vol-1 - Past Adjustment Solution of question …
WebbSimrat and Bir are partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2024 after closing the books of account, their Capital Accounts stood at Rs. … Webb23 aug. 2024 · X and Y are partners in a firm sharing profits in the ratio of 3 : 2. They admitted Z as a new partner and fixed the new profit-sharing ratio as 3 : 2 : 1. At the time of admission of Z, Debtors and Provision for Doubtful Debts appeared at Rs. 50,000 and Rs. 5,000 respectively all debtors are good. Pass the necessary journal entries. opencv fillconvexpoly python
Ram, Shyam and Mohan were partners in a firm sharing profits …
WebbSimrat and Bir are partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2024 after closing the books of account, their Capital Accounts stood at ` … WebbClick here👆to get an answer to your question ️ 103.000 (before above adjustments) for the year ended 31st March, 2024. Show the bus Akhil had also you Firm earns profit of 1,03,000 distribution of profit for the year. 11. Ankit Bhanu and Charu od Charu are partners in a firm sharing profits and losses equally with capital of 2,50,000 October 2024, Ankit and … WebbSimrat and Bir are partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2024 after closing the books of account, their Capital... Simrat and Bir are … iowa point norfolk navy base