A and B are partners in a business, sharing profits and losses in the ratio of 1 3rd and 2 3rd On 1st April, 2018, their capitals are Rs 8,000 and Rs 10, 000 respectively On that date, they admit C in partnership and give him 1 4th share in the future profits C brings in Rs 8,000 as his capital an...

ii PARTNERS CAPITAL AC Dr Cr Particulars A B C Particulars A B C To Cash 2000 4000 Nil By Balance ...

A and B are partners in a business, sharing profits and losses in the ratio of...

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Managerial Accounting

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Authors: Karen W. Braun, Wendy M. Tietz

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A and B are partners in a business, sharing profits and losses in the ratio of...

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Managerial Accounting

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