Posted inAccountancy Change in Profit Sharing Ratio Class 12 Balance sheet of X and Y, who share profits and losses as 5:3 30 :- Balance sheet of X and Y, who share profits and losses as 5:3 as at 1st April 2025, is: On the above date, they decided to change their profit…
Posted inAccountancy Class 12 Fundamental of Partnership X and Y are partners in a firm. 35 :- X and Y are partners in a firm. X is entitled to a salary of Rs 10,000 per month and a commission of 10% of the net profit…
Posted inAccountancy Class 12 Fundamental of Partnership X and Y are partners sharing profits in the ratio of 3:2 with capitals of Rs 8,00,000 and Rs 6,00,000 respectively Question 16 :- X and Y are partners sharing profits in the ratio of 3 : 2 with capitals of Rs 8,00,000 and Rs 6,00,000 respectively. Interest on capital is…