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A and B are partners in the firm. Their assets and liabilities as on 31st March 2017 were :stocks.₹5000 machine ₹15000 debtors ₹4000 cash at bank ₹3500 cash in hand ₹500 creditor ₹3000. Their capital accounts as on 1st April 2016 were A ₹12000 B ₹7000 and drawing during the year A₹ 2000 B ₹1000. What will be the net profit for the year 2016-2017? Calculate also the share of the profits of each partner? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A and B are partners in the firm. Their assets and liabilities as on 31st March 2017 were :stocks.₹5000 machine ₹15000 debtors ₹4000 cash at bank ₹3500 cash in hand ₹500 creditor ₹3000. Their capital accounts as on 1st April 2016 were A ₹12000 B ₹7000 and drawing during the year A₹ 2000 B ₹1000. What will be the net profit for the year 2016-2017? Calculate also the share of the profits of each partner? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners in the firm. Their assets and liabilities as on 31st March 2017 were :stocks.₹5000 machine ₹15000 debtors ₹4000 cash at bank ₹3500 cash in hand ₹500 creditor ₹3000. Their capital accounts as on 1st April 2016 were A ₹12000 B ₹7000 and drawing during the year A₹ 2000 B ₹1000. What will be the net profit for the year 2016-2017? Calculate also the share of the profits of each partner?.

Solutions for A and B are partners in the firm. Their assets and liabilities as on 31st March 2017 were :stocks.₹5000 machine ₹15000 debtors ₹4000 cash at bank ₹3500 cash in hand ₹500 creditor ₹3000. Their capital accounts as on 1st April 2016 were A ₹12000 B ₹7000 and drawing during the year A₹ 2000 B ₹1000. What will be the net profit for the year 2016-2017? Calculate also the share of the profits of each partner? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of A and B are partners in the firm. Their assets and liabilities as on 31st March 2017 were :stocks.₹5000 machine ₹15000 debtors ₹4000 cash at bank ₹3500 cash in hand ₹500 creditor ₹3000. Their capital accounts as on 1st April 2016 were A ₹12000 B ₹7000 and drawing during the year A₹ 2000 B ₹1000. What will be the net profit for the year 2016-2017? Calculate also the share of the profits of each partner? defined & explained in the simplest way possible. Besides giving the explanation of A and B are partners in the firm. Their assets and liabilities as on 31st March 2017 were :stocks.₹5000 machine ₹15000 debtors ₹4000 cash at bank ₹3500 cash in hand ₹500 creditor ₹3000. Their capital accounts as on 1st April 2016 were A ₹12000 B ₹7000 and drawing during the year A₹ 2000 B ₹1000. What will be the net profit for the year 2016-2017? Calculate also the share of the profits of each partner?, a detailed solution for A and B are partners in the firm. Their assets and liabilities as on 31st March 2017 were :stocks.₹5000 machine ₹15000 debtors ₹4000 cash at bank ₹3500 cash in hand ₹500 creditor ₹3000. Their capital accounts as on 1st April 2016 were A ₹12000 B ₹7000 and drawing during the year A₹ 2000 B ₹1000. What will be the net profit for the year 2016-2017? Calculate also the share of the profits of each partner? has been provided alongside types of A and B are partners in the firm. Their assets and liabilities as on 31st March 2017 were :stocks.₹5000 machine ₹15000 debtors ₹4000 cash at bank ₹3500 cash in hand ₹500 creditor ₹3000. Their capital accounts as on 1st April 2016 were A ₹12000 B ₹7000 and drawing during the year A₹ 2000 B ₹1000. What will be the net profit for the year 2016-2017? Calculate also the share of the profits of each partner? theory, EduRev gives you an ample number of questions to practice A and B are partners in the firm. Their assets and liabilities as on 31st March 2017 were :stocks.₹5000 machine ₹15000 debtors ₹4000 cash at bank ₹3500 cash in hand ₹500 creditor ₹3000. Their capital accounts as on 1st April 2016 were A ₹12000 B ₹7000 and drawing during the year A₹ 2000 B ₹1000. What will be the net profit for the year 2016-2017? Calculate also the share of the profits of each partner? tests, examples and also practice Commerce tests.