Reya, Mona and Nisha shared profits in the ratio of 3 : 2 : 1. The profits for the last three year were Rs. 1,40,000; Rs. 84,000 and Rs. 1,06,000 respectively. These profits were by mistake shared equally for all the give necessary Journal entry for the same.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site it will imply that you agree with Swamonk EduCare's Terms of Use .Ok