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प्रश्न
Amit and Viney are partners in a firm sharing profits and losses in 3:1 ratio. On 1.1.2017 they admitted Ranjan as a partner. On Ranjan’s admission the profit and loss account of Amit and Viney showed a debit balance of Rs 40,000. Record necessary journal entry for the treatment of the same.
उत्तर
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Books of Amit, Viney and Ranjan Journal |
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Date |
Particulars |
L.F. |
Amount Rs |
Amount Rs |
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2017 |
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Jan 1 |
Amit’s Capital A/c |
Dr. |
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30,000 |
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Viney’s Capital A/c |
Dr. |
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10,000 |
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To Profit and Loss A/c |
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40,000 |
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(Debit Balance in Profit and Loss Account written off) |
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संबंधित प्रश्न
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| Profits for the last four years ended 31st March, were | ₹ |
| 2015-16 | 4,00,000 |
| 2016-17 | 5,00,000 |
| 2017-18 | 6,00,000 |
| 2018-19 | 7,00,000 |
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