Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 09 Oct 2017 My Price 3.00

sharing profits

Vinod, Gaurav and Swami are partners sharing profits equally. They decided that in future Swami willget 1/5th share in profits and remaining profit will be shared by Vinod and Gaurav in the equall ratio.On the day of change, firm’s Goodwill is valued at Rs.45,000. Give Journal entry due to change inprofit sharing ratio.

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Maurice Tutor
(5)
Status NEW Posted 09 Oct 2017 05:10 PM My Price 3.00

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