Maths Profit & Loss U0001f92fU0001f92f| Like Share & subscribe #shorts #ashortaday

A, B and C are partners in a firm sharing profits in the tatio of 3:4:1. They decided to share profits equally w.e.f. 1st April, 2019. On that date the profit and Loss Accoutn showed the credint balance of Rs 96,000. Instead of closing the Profit and Loss Account, it was decided to record an adjustment entry reflecting the change in profit sharing ratio. In the journal entry :

F.Icon Ltd. COMPARATIVE STATEMENT OF PROFIT AND LOSS for the years ended 31st March, 2018 and 2019 Complete the above Comparative Statement of Profit and Loss for the year ended 31st March 2018 and 2019.

Kavita and Pradeep are partners, sharing profits in the ratio of 3 : 2. They employed Chandan as their manager, to whom they paid a salary of Rs. 750 p.m. Chandan deposited Rs. 20,000 on which interest is payable @ 9% p.a. At the end of 2017 (after the division of profit), it was decided that Chandan should be treated as partner w.e.f. Jan. 1, 2014 with 1//6 th share in profits. His deposit being considered as capital carrying interest @ 6% p.a. like capital of other partners. Firm’s profits after allowing interest on capital were as follows: {:(,,,,("Rs.")),(2014,,"Profit",,59_(,)000),(2015,,"Profit",,62_(,)000),(2016,,"Loss",,(4_(,)000)),(2017,,"Profit",,78_(,)000):} Record the necessary journal entries to give effect to the above.

A breeder crossed a pure breed tall plant having white flowers tall pure short plant having blue flowers. He obtained 202 F_(1) progeny and found and found that they are all tall having white flowers. Upon selfing these these F_(1) Plants, he obtained a progeny of 2160 plants. Approximately, how many of these are likely to be short and having blue flower?

E, F and G share profits in the ratio of 4 : 3 : 2. G is given a guarantee that his share of profits will not be less than Rs.75,000. Deficiency if any, would be borne by E and F equally Firm's profit was Rs.2,70,000. F's share of profit will be :

A and B are partners in a firm sharing profits in the ratio of 3 : 2 . They decided to share profits in the ratio of 3 : 4 w.e.f., April 1, 2016. On that date there was journal entry assuming that partners decide to distribute the profits.