WebSep 12, 2024 · E, F and G are partners sharing profits in the ratio of 3:3:2. According to the partnership agreement, G is to get a minimum amount of 80,000 as his share of … WebMCQ E, F and G are partners sharing profits in the ratio of 3:3:2. According to the partnership agreement, G is to get a minimum amount of ₹80,000 as his share of profits every year and any deficiency on this account is to be personally borne by E. The net …
E, F and G are partners sharing profits in the ratio of 3:3:2 ...
WebNov 2, 2024 · E, F and G are partners sharing profits in the ratio of 3:3:2. As per the partnership agreement, G is to get a minimum amount of Rs.80,000 as his share of … WebPartners Ong, Rodriguez, Pamittan and Reyes who share profits andlosses at 30%, 30%, 20% and 20%, respectively, decided to liquidate. Allpartnership assets are to be converted into cash. Before liquidation, thecondensed statement of financial position follows:Cash P100, 000 Liabilities P750, 000Other Assets 1, 800, 000 Rodriguez, Loan 60 ... shorea almon
1. 2. 3.Partners D, E, F, and G share profits 40%, 30%, 15%, and...
WebSep 6, 2024 · (iv) Moli is entitled to a fixed commission of \( ₹ 17,500 \). (v) Interest on [email protected] \% p.a. and Interest on [email protected] \% p.a. (vi) Sharing of profit or loss will be in the ratio of their capital contributions. Profit for the year ended 31st March, 2024 before providing rent to Roli Web3.Partners D, E, F, and G share profits 40%, 30%, 15%, and 15%, respectively. Their partnership agreement provides that in the event of the death of a partner, the firm shall continue until the end of the fiscal period. Profits shall be considered to have been earned proportionately during this period, and the deceased partner's capital shall ... WebQ.5 E, F, and G were partners sharing profits in the ratio 2:2:1. ‘F’ died on 12 th June, 2016. For F’s share in the profits of Current Year 2016-17, the profits should be taken to have accrued on the same scale as in the last year i.e. 2015-16 which was `1,00,000 and an addition of 10% over it will be made. sand in outboard motor