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balance sheet showed a general reserve

Home » balance sheet showed a general reserve
Posted inAccountancy Change in Profit Sharing Ratio Class 12

Sohan, Ashish, Vishesh and Rashi were partners

20 :- Sohan, Ashish, Vishesh and Rashi were partners in a firm sharing profits and losses in the ratio of 4:3:2:1. With effect from 1st April,2023, they decided to share profits…
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