Business, 11.06.2021 14:00 GracieMaeB
12. (Different Cases) A, B and C are partners in 2:2:1 ratio. They admitted D in to the firm før!
share. They had 60,000 in profit and loss account. Record the necessary journal entries in the
books of firm under the following circumstances.
(a) When profit and loss ale is closed.
(b) When profit and loss alc is not closed and only adjustment entry is passed.
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12. (Different Cases) A, B and C are partners in 2:2:1 ratio. They admitted D in to the firm før!
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