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Rehman ,suleman and hanuman were partners in a firm sharing a ratio of 3:2:1 respectively. their fixed capital were as follows, rehman 3,00,000, suleman 2,00,000 and hanuman 1,00,000. the partnership deed provided for the following for the division of profit 10% of trading profit will be transferred to reserve account hanuman was guaranteed a profit of 50,000. any loss of guarantee to hanuman will be shared by rehman and suleman equally. the profit for the year 2,00,000. prepare profit and loss appropriation account? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared
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Rehman ,suleman and hanuman were partners in a firm sharing a ratio of 3:2:1 respectively. their fixed capital were as follows, rehman 3,00,000, suleman 2,00,000 and hanuman 1,00,000. the partnership deed provided for the following for the division of profit 10% of trading profit will be transferred to reserve account hanuman was guaranteed a profit of 50,000. any loss of guarantee to hanuman will be shared by rehman and suleman equally. the profit for the year 2,00,000. prepare profit and loss appropriation account?, a detailed solution for Rehman ,suleman and hanuman were partners in a firm sharing a ratio of 3:2:1 respectively. their fixed capital were as follows, rehman 3,00,000, suleman 2,00,000 and hanuman 1,00,000. the partnership deed provided for the following for the division of profit 10% of trading profit will be transferred to reserve account hanuman was guaranteed a profit of 50,000. any loss of guarantee to hanuman will be shared by rehman and suleman equally. the profit for the year 2,00,000. prepare profit and loss appropriation account? has been provided alongside types of Rehman ,suleman and hanuman were partners in a firm sharing a ratio of 3:2:1 respectively. their fixed capital were as follows, rehman 3,00,000, suleman 2,00,000 and hanuman 1,00,000. the partnership deed provided for the following for the division of profit 10% of trading profit will be transferred to reserve account hanuman was guaranteed a profit of 50,000. any loss of guarantee to hanuman will be shared by rehman and suleman equally. the profit for the year 2,00,000. prepare profit and loss appropriation account? theory, EduRev gives you an
ample number of questions to practice Rehman ,suleman and hanuman were partners in a firm sharing a ratio of 3:2:1 respectively. their fixed capital were as follows, rehman 3,00,000, suleman 2,00,000 and hanuman 1,00,000. the partnership deed provided for the following for the division of profit 10% of trading profit will be transferred to reserve account hanuman was guaranteed a profit of 50,000. any loss of guarantee to hanuman will be shared by rehman and suleman equally. the profit for the year 2,00,000. prepare profit and loss appropriation account? tests, examples and also practice UPSC tests.