+2 votes
in Class 12 by kratos

Kumar, Verma and Naresh were partners in a firm sharing profit and loss in the ratio of 3 : 2 : 2. On 23rd January, 2015 Verma . Verma’ share of profit till the date of his was calculated at 2,350. Pass necessary journal entry for the same in the books of the firm.

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+1 vote
by kratos
 
Best answer

Journal Entries

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