12th Class
Accountancy
Fundamentals of Partnership
Question Bank
MCQs - Accounting for Partnership Firm - Fundamentals
question_answer
A, B and C are partners in a firm without any agreement. They have contributed Rs.5,00,000, Rs.2,50,000 and Rs.2,50,000 by way of capital in the firm. A was unable to work for six months in a year due to illness. At the end of year, firm earned a profit of 1,20,000. A's share in the profit will be: [CBSE 2019 C Modified]