a firm had current assets of Rs 300000.it then paid a current liability of Rs 60000.after this payment the current ratio was 2:1.determine the size of current liabilities and working capital before and after the paymeny was made.
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Kirti Yadav answered this
A ,B and C are the partner in a firm sharing ratios of 3;2;1 .C wanted to share profit of the firm equally for last three years A and b agree to the suggestions . the profit of last three years were 33,280 ,28,288 and 38,032 . Give the necessary adjustments journal entry.
