Amit, Sumit and Samiksha are in partnership sharing profits in the ratio of 3 : 2 : 1
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On March 31, 2017, after the close of books of accounts, the capital accounts of Ram, Shyam and Mohan showed balance of ₹ 24,000 ₹ 18,000 and ₹ 12,000 respectively
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Menon and Thomas are partners in a firm. They share profits equally
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Harish is a partner in a firm. He withdrew the following amounts during the year 2019
Solution:- Note: The date of drawings is not given, I have assumed the beginning of the month.
Amit and Bhola are partners in a firm. They share profits in the ratio of 3 : 2
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Raj and Neeraj are partners in a firm. Their capitals as on April 01, 2019 were ₹ 2,50,000 and ₹ 1,50,000, respectively
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Bharam is a partner in a firm. He withdraws ₹ 3,000 at the starting of each month for 12 months
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Himanshu withdrew ₹ 2,500 at the end of each month. The Partnership deed provides
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Rakesh and Roshan are partners, sharing profits in the ratio of 3 : 2 with capitals of ₹ 40,000 and ₹ 30,000 respectively
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The capital accounts of Moli and Golu showed balances of ₹ 40,000 and ₹ 20,000 as on April 01, 2019
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