A, B, C are partners. Their profit sharing ratio is equal. Capital balance on July 1st of Partner A --- Rs. 40,000 Partner B --- Rs. 30,000 and Partner C--- Rs. 20,000. Their private property of Partner A is Rs. 5,000, Partner B is Rs. 2,000 and Partner C is Rs. 1,000. What is the extent of their liability of their firm?
Select correct option:
Partner A—Rs. 40,000, Partner B---- Rs. 30,000, Partner C – 20,000
Partner A—Rs. 40,000, Partner B---- Rs. 30,000, Partner C – 21,500
Partner A—Rs. 40,000, Partner B---- Rs. 32,000, Partner C – 20,000
Partner A—Rs. 45,000, Partner B---- Rs. 32,000, Partner C – 21,000
tell me which one is correct and how to calculate...
with best regards
--
--
Please visit www.vuzs.net For Current & Old Papers, Quizzes, Assignments and study material.
--
You received this message because you are subscribed to the Google
Groups "vuZs" group.
--
To post a new message on this group, send email to vuZs@googlegroups.com
--
Message Posting Rules: http://vuzs.net/faq/4795-vuzs-google-groups-basic-rules-for-posting-messages.html
--
To unsubscribe from this group, send email to vuZs+unsubscribe@googlegroups.com
--
To join this group Send blank email from your virtual university email address to
vuZs+subscribe@googlegroups.com
or visit
http://groups.google.com/group/vuZs/subscribe
---
For more information Contact vuZs Manager at info@vuzs.net
No comments:
Post a Comment