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12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm - Fundamentals

  • question_answer
    Mohit, Shobhit and Rohit are partners sharing profits and losses in the ratio 2:1:1. Rohit is guaranteed a profit of Rs.14,000. The firm incurred a profit of Rs.20,000 during the year. Amount of deficiency borne by Shobhit:

    A) 6,000

    B) 9,000

    C) 4,500

    D) 3,000

    Correct Answer: D

    Solution :

    3,000


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