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decided not to change the values of assets and liabilities

Home » decided not to change the values of assets and liabilities
Posted inAccountancy Change in Profit Sharing Ratio Class 12

A, B and C are sharing profits and losses in the ratio of 2:2:1

26 :-  A, B and C are sharing profits and losses in the ratio of 2 : 2 : 1. They decided to share profit w.e.f 1st April, 2025 in the…
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