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balance sheet showed general reserve

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

Bootstrap and Davy Jones are partners sharing profits

21 :-  Bootstrap and Davy Jones partners sharing profits in the ratio of 2 : 1. On 31st March, 2025, their Balance Sheet showed General Reserve of Rs 60,000. It was…
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Posted inAccountancy Change in Profit Sharing Ratio Class 12

Anu, Manu, Sonu and Rohan were partners in a firm

19 :- Anu, Manu, Sonu and Rohan were partners in a firm sharing profits and losses in the ratio of 1:2:1:2. With effect from 1st April,2023, they decided to share profits…
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