Arun and Vijay are partners in a firm sharing profits & loss in the ratio of 3 : 2.

Anurag Pathak
May 21, 2023
[CBSE] TS Grewal Solutions, Accountancy Class 12th, Admission of Partner

3.30K viewsMay 21, 2023[CBSE] TS Grewal Solutions Accountancy Class 12th Admission of Partner

Anurag Pathak 24.00K May 21, 2023 0 Comments

Arun and Vijay are partners in a firm sharing profits & loss in the ratio of 3 : 2.

Liabilities	₹	Assets	₹
		Machinery	2,00,000

If the value of machinery in the Balance Sheet is excess by 33 and 1/3%, find the value of machinery to be shown in the New Balance Sheet.

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