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…
Posted inAccountancy Change in Profit Sharing Ratio Class 12 Ashok, Bhim and Chetan who were sharing profits 16 :- Ashok, Bhim and Chetan who were sharing profits in the ratio of 5 : 3 : 2, decided to share profits in the ratio of 2 : 3…