Question: (2.5 A, B, C, D are the partners sharing prot in the ratio of 4:3:2:2. C retires and the remaining partners decided to share lture

(2.5 A, B, C, D are the partners sharing prot in the ratio of 4:3:2:2. C retires and the remaining partners decided to share lture prots in 5:3:2. On the date of C's retirement there was a debit balance of Rs. 30,800 in the prot & loss axe. Show the necessary journal entries for the treatment of prot & loss ale balance. (3)

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