CUET Preparation Today
Jai and Bheem were sharing profits in the ratio 4:1. They changed their ratio to 3:2. At the time of reconstitution of the firm , there was a Dr Balance of Profit and Loss a/c of Rs 10,000. How will it be treated? |
Credited to Jai 8,000 and 2,000 to Bheem Debited to Jai 8,000 and 2,000 to Bheem Credited to Jai 6,000 and 4,000 to Bheem Debited to Jai 6,000 and 4,000 to Bheem |
Debited to Jai 8,000 and 2,000 to Bheem |
10,000 * 4/5 = 8,000 Jai |
