In the absence of partnership deed, what is the ratio in which the profits of a firm are divided among the partners? Post category:Accountancy Reading time:1 mins read SOLUTION Equally. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostIs a sleeping* partner liable to the acts of other partners? Next PostIn the absence of partnership deed, at which rate interest is allowed on a partner’s loan? You Might Also Like X and Y shared profits in the ratio of 3: 1. They admit Z to one-third share in the future profits. What will be the new profit-sharing ratio? September 26, 2022 Current ratio of Reliance Textiles Ltd. is 1.5 at present. In future it wants to improve this ratio to 2. Suggest any two accounting transactions for improving the current ratio. October 3, 2022 Name any two sub-line items (sub-headings) under which “Non-Current Liabilities” shall be classified in a Company’s Balance Sheet. September 30, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
X and Y shared profits in the ratio of 3: 1. They admit Z to one-third share in the future profits. What will be the new profit-sharing ratio? September 26, 2022
Current ratio of Reliance Textiles Ltd. is 1.5 at present. In future it wants to improve this ratio to 2. Suggest any two accounting transactions for improving the current ratio. October 3, 2022
Name any two sub-line items (sub-headings) under which “Non-Current Liabilities” shall be classified in a Company’s Balance Sheet. September 30, 2022
