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M and S were partners sharing profits in the ratio 3:2 . They admitted V . V was to receive a salary of rs.55 per annum plus a commission of 10% on the profits after charging such salary and commission or 1/5th of the profits of the firm, whichever is larger. Any excess of latter (i.e. profits) over the former (i.e. salary and commission) is to be borne personally by M . prepare profit and loss appropriation account, if profit for the year after charging V's salary is rs.605.? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared
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Here you can find the meaning of M and S were partners sharing profits in the ratio 3:2 . They admitted V . V was to receive a salary of rs.55 per annum plus a commission of 10% on the profits after charging such salary and commission or 1/5th of the profits of the firm, whichever is larger. Any excess of latter (i.e. profits) over the former (i.e. salary and commission) is to be borne personally by M . prepare profit and loss appropriation account, if profit for the year after charging V's salary is rs.605.? defined & explained in the simplest way possible. Besides giving the explanation of
M and S were partners sharing profits in the ratio 3:2 . They admitted V . V was to receive a salary of rs.55 per annum plus a commission of 10% on the profits after charging such salary and commission or 1/5th of the profits of the firm, whichever is larger. Any excess of latter (i.e. profits) over the former (i.e. salary and commission) is to be borne personally by M . prepare profit and loss appropriation account, if profit for the year after charging V's salary is rs.605.?, a detailed solution for M and S were partners sharing profits in the ratio 3:2 . They admitted V . V was to receive a salary of rs.55 per annum plus a commission of 10% on the profits after charging such salary and commission or 1/5th of the profits of the firm, whichever is larger. Any excess of latter (i.e. profits) over the former (i.e. salary and commission) is to be borne personally by M . prepare profit and loss appropriation account, if profit for the year after charging V's salary is rs.605.? has been provided alongside types of M and S were partners sharing profits in the ratio 3:2 . They admitted V . V was to receive a salary of rs.55 per annum plus a commission of 10% on the profits after charging such salary and commission or 1/5th of the profits of the firm, whichever is larger. Any excess of latter (i.e. profits) over the former (i.e. salary and commission) is to be borne personally by M . prepare profit and loss appropriation account, if profit for the year after charging V's salary is rs.605.? theory, EduRev gives you an
ample number of questions to practice M and S were partners sharing profits in the ratio 3:2 . They admitted V . V was to receive a salary of rs.55 per annum plus a commission of 10% on the profits after charging such salary and commission or 1/5th of the profits of the firm, whichever is larger. Any excess of latter (i.e. profits) over the former (i.e. salary and commission) is to be borne personally by M . prepare profit and loss appropriation account, if profit for the year after charging V's salary is rs.605.? tests, examples and also practice Class 12 tests.