Back to Accountancy
Question 1 of 20
Random Accountancy Practice
20 randomly selected questions from all Accountancy topics
Progress: 0%
Success Rate: 0%
Question 1
accounting-for-partnership-firms > fundamentals-of-partnership
(a) X, Y and Z were partners in a firm sharing profits in the ratio of 5:3:2. X guaranteed that Z's share of profit will not be less than ₹ 50,000 in any year. The firm earned a profit of ₹ 1,50,000 for the year ended 31st March, 2024.
Prepare Profit and Loss Appropriation Account for the year ended 31st March, 2024.
0 of 20 answered
Random Practice Session
Questions Answered0 / 20
Correct Answers0
Session Success Rate0%
Random Practice Ready! 🎯
Community Stats
Active Learners30
Questions Attempted601
Community Success Rate70%
Track Your Random Practice
Sign up to save your random practice progress and compare your performance across different subjects.