12th Class
Accountancy
Fundamentals of Partnership
Question Bank
MCQs - Accounting for Partnership Firm - Fundamentals
question_answer
A, B and C are partners in the ratio of 5 : 3 ; 2. A has given guarantee to C for a minimum profit of Rs.7,000 p.a. for the year ending 31st March 2021, B's share of profit is Rs.9,000. A's share of profit after meeting deficiency will be: