Question Description
X, Y and Z were carrying on business with the following assets with effect from 1-1-2019 : furniture - 1,80,000; machinery - 7,20,000; cash - 1,00,000; debtors - 2,00,000 and liabilities nil. Their profit sharing ratio was 5 : 3 : 2. Capital was also in the same ratio. Y died on 30th June, 2019. His son claimed his interest in the firm.  * for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about X, Y and Z were carrying on business with the following assets with effect from 1-1-2019 : furniture - 1,80,000; machinery - 7,20,000; cash - 1,00,000; debtors - 2,00,000 and liabilities nil. Their profit sharing ratio was 5 : 3 : 2. Capital was also in the same ratio. Y died on 30th June, 2019. His son claimed his interest in the firm.  * covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X, Y and Z were carrying on business with the following assets with effect from 1-1-2019 : furniture - 1,80,000; machinery - 7,20,000; cash - 1,00,000; debtors - 2,00,000 and liabilities nil. Their profit sharing ratio was 5 : 3 : 2. Capital was also in the same ratio. Y died on 30th June, 2019. His son claimed his interest in the firm.  *.

Solutions for X, Y and Z were carrying on business with the following assets with effect from 1-1-2019 : furniture - 1,80,000; machinery - 7,20,000; cash - 1,00,000; debtors - 2,00,000 and liabilities nil. Their profit sharing ratio was 5 : 3 : 2. Capital was also in the same ratio. Y died on 30th June, 2019. His son claimed his interest in the firm.  * in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

Here you can find the meaning of X, Y and Z were carrying on business with the following assets with effect from 1-1-2019 : furniture - 1,80,000; machinery - 7,20,000; cash - 1,00,000; debtors - 2,00,000 and liabilities nil. Their profit sharing ratio was 5 : 3 : 2. Capital was also in the same ratio. Y died on 30th June, 2019. His son claimed his interest in the firm.  * defined & explained in the simplest way possible. Besides giving the explanation of X, Y and Z were carrying on business with the following assets with effect from 1-1-2019 : furniture - 1,80,000; machinery - 7,20,000; cash - 1,00,000; debtors - 2,00,000 and liabilities nil. Their profit sharing ratio was 5 : 3 : 2. Capital was also in the same ratio. Y died on 30th June, 2019. His son claimed his interest in the firm.  *, a detailed solution for X, Y and Z were carrying on business with the following assets with effect from 1-1-2019 : furniture - 1,80,000; machinery - 7,20,000; cash - 1,00,000; debtors - 2,00,000 and liabilities nil. Their profit sharing ratio was 5 : 3 : 2. Capital was also in the same ratio. Y died on 30th June, 2019. His son claimed his interest in the firm.  * has been provided alongside types of X, Y and Z were carrying on business with the following assets with effect from 1-1-2019 : furniture - 1,80,000; machinery - 7,20,000; cash - 1,00,000; debtors - 2,00,000 and liabilities nil. Their profit sharing ratio was 5 : 3 : 2. Capital was also in the same ratio. Y died on 30th June, 2019. His son claimed his interest in the firm.  * theory, EduRev gives you an ample number of questions to practice X, Y and Z were carrying on business with the following assets with effect from 1-1-2019 : furniture - 1,80,000; machinery - 7,20,000; cash - 1,00,000; debtors - 2,00,000 and liabilities nil. Their profit sharing ratio was 5 : 3 : 2. Capital was also in the same ratio. Y died on 30th June, 2019. His son claimed his interest in the firm.  * tests, examples and also practice B Com tests.