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M,N and R partners in a firm sharing profits and losses in 3:2:1 . On 31st March,2019, their Balance Sheet was asunder :Liabilities Amount(Rs.) Amount(Rs.) Assets Amount(Rs.) Amount(Rs.)Capital A/c:MNRReserveCreditors8000050000450001750003000025000BuildingMachineryFurnitureStockDebtorsCash900004000020000300004000010000230000 230000R died on 31st March,2019. Under the terms of partnership deed R is entitled to:i. Capital including interest on capital @10% p.a.ii. Salary p.m. Rs.1000.iii. Share of profit on the basis of profit of last year. Profit of the last year was Rs.90000.Show R’s Capital A/c by showing working notes clearly. |
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Answer» hi h bass mere pass NAYE saal ki ladki ko hi dobara join date 20TH December the class is talking about each other. you TELL us what you think . ye kavita in electrical fixing wires are not filtered into your ACCOUNT w Mumbai |
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