The capital accounts of Moli and Golu showed balances of ₹ 40,000 and ₹ 20,000 as on April 01, 2019
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Rishi is a partner in a firm. He withdrew the following amounts during the year ended March 31, 2020
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Following is the extract of the Balance Sheet of, Neelkant and Mahadev as on March 31, 2020
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On March 31, 2017 after the close of accounts, the capitals of Mountain, Hill and Rock stood in the books of the firm
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Sunflower and Pink Rose started partnership business on April 01, 2019 with capitals of ₹ 2,50,000 and ₹ 1,50,000, respectively
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Rahul, Rohit and Karan started partnership business on April 1, 2019 with capitals of ₹ 20,00,000, ₹ 18,00,000 and ₹ 16,00,000, respectively
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Sukesh and Vanita were partners in a firm. Their partnership agreement provides that:
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Ramesh and Suresh were partners in a firm sharing profits in the ratio of their capitals contributed on commencement of busienss which were ₹ 80,000 and ₹ 60,000 respectively
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Arving and Anand are partners sharing profits and losses in the ratio 8 : 3 : 1
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Simmi and Sonu are partners in a firm, sharing profits and losses in the ratio of 3 : 1
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