Please solve question no. 34. 20.000
Atio or
claim
capital
capital mcs s U r
current ,vcs S
Q. .u_ p. Q and R shaming in : 3 2.
their Balance Sheel
2.SO,OOO
value
Fluctuation Resem•
451100 suxk
Sundry
2.00000
s.oo.ooo
3,00.000
On 1st April. 2018 they decided to share future profits in the ratio of 4 6 : S.
•as agreed that
(i) Claim for Workmen Compensation has estimated at
of
A motor cycle valued at t 30,000 was unrecorded and is now to be recorded in
the books.
(iiJ) Outstanding expenses were not payable anymore,
of stock to
(v) A provision for doubtful debts be created@ 5% on Sundry Debtors.
(n) Goodwill is valued at I .00,000.
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