Match the followings: | ||||||||||||||||
A, B and C are partners in a firm sharing Profits and loss in the ratio of 5:3:2, they decided to share profits and losses in the ratio of 1:1:1 w.e.f. 01.04.2021. Investment fluctuation reserve as on that date was Rs. 30,000 and the current investment is Rs. 2,00,000.
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A) (i)-c; (ii)-a; (iii)-d; (iv)-b
B) (i)-b; (ii)-c; (iii)-d; (iv)-a
C) (i)-d; (ii)-a; (iii)-c; (iv)-b
D) (i)-c; (ii)-a; (iii)-b; (iv)-d
Correct Answer: C
Solution :
(i)-d; (ii)-a; (iii)-c; (iv)-bYou need to login to perform this action.
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