Question No 82 Of TS Grewal (CBSE)

Nimrat, Maira and Kabir are partners sharing profits in the ratio of 2:2:1. Nimrat is guaranteed minimum profit of Rs. 1,60,000 per annum. Net profit for the year ended 31st March is Rs. 1,00,000. Prepare Profit and Loss Appropriation Account for the year.

Solution No 82 Of TS Grewal (CBSE)

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