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प्रश्न
A, B and C were partners sharing profits in the ratio of 1 : 3 : 2. Their fixed capitals were: A ₹ 3,00,000; B ₹ 400,000 and C ₹ 6,00,000. A retires and the new profit sharing ratio between B and C is agreed at 1 : 2. On this date, their Balance Sheet disclosed the following items:
| BALANCE SHEET (an extract) | |||
| Liabilities | ₹ | Assets | ₹ |
| General Reserve | 1,40,000 | Advertisement Suspense Account | 20,000 |
| Profit and Loss Balance | 30,000 | ||
Partners decided to record the effect of the above items without affecting their book values. Pass the necessary adjusting entry.
रोजकीर्द नोंद
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उत्तर
| Journal |
||||
| Date | Particulars | L.F. | Dr. (₹) | Cr. (₹) |
| C’s Current A/c ...Dr. | 50,000 | |||
| To A’s Current A/c | 25,000 | |||
| To B’s Current A/c | 25,000 | |||
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