Nimrat, Maira and Kabir are partners sharing profits in the ratio of 2:2:1
82 :- Nimrat, Maira, and Kabir are partners sharing profits in the ratio of 2:2:1. Nimrat is guaranteed a minimum profit of Rs 1,60,000 per annum. Net Profit for the…
X, Y and Z entered into a partnership on 1st October, 2024 to share profits in the ratio of 4:3:3
78 :- X, Y, and Z entered into a partnership on 1st October 2024 to share profits in the ratio of 4:3:3. X, personally guaranteed that Z’s share of profit…
Asha, Disha and Raghav were partners in a firm sharing profits and losses in the ratio of 2:3:1
77 :- Asha, Disha and Raghav were partners in a firm sharing profits and losses in the ratio of 2:3:1. According to the partnership agreement, Raghav was guaranteed an amount…
Amit, Binita and Charu are three partners
51 :- Amit, Binita, and Charu are the three partners. On 1st April, 2024, their capitals stood as: Amit Rs 1,00,000, Binita Rs 2,00,000, and Charu Rs 3,00,000. It was…