Question: JUST NEED OPTION no need explain NO need for explanation i will rate you B Manal and Ruqiaya are partners commenced Abaya business on 1st

JUST NEED OPTION

no need explain

NO need for explanation

i will rate you

 JUST NEED OPTION no need explain NO need for explanation i
will rate you B Manal and Ruqiaya are partners commenced Abaya business
on 1st Jan 2020. Manal and Ruqiaya contributed RO 40,000 and RO

B Manal and Ruqiaya are partners commenced Abaya business on 1st Jan 2020. Manal and Ruqiaya contributed RO 40,000 and RO 30,000 as their share of capital. The partners decided to share their profits in the ratio of 4:3. The profits of the firm after providing Manal salary and interest on capital were RO 21,000. Calculate the Manal share of Profit? of stion a. RO 3,600 b. None of the options c RO 9,000 d. RO 12.000 page Next pag The undistributed loss in the partnership firm shown of the old Balance Sheet O a. Liabilities Side Only O b. None of the options tion c. Asset Side Only d. Asset Side and Liabilities Side Dage Ne signment Questions with hanter Li TE Maali and Asila are partners share profit in the ratio of 3:1. Asma is admitted and is given 1/5 share of profit. Identify from the following what is the Sacnficing ratio of Maali and Asila? a 111 b. 3.1 None of the options d. 15:31 Finish attempt

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!