Homework answers / question archive / Question 3) Not yet Maali and Marwa are partners of Perfurme business sharing profit and loss in the ratio of 6:2

Question 3) Not yet Maali and Marwa are partners of Perfurme business sharing profit and loss in the ratio of 6:2

Business

Share With

Question 3) Not yet Maali and Marwa are partners of Perfurme business sharing profit and loss in the ratio of 6:2. Their Balance Sheet as on 31/12/19 shows OMR 35,000 as Profit and Loss A/c in the liabilities side. answered Marked out of 4.00 On 31-12-2020 they admit mizna, on that date, their Balance Sheet showed an amount of Asset side. OMR 15,000 as Profit and Loss A/c in the Remove flag On the same Balance Sheet an reserve fund of OMR 19500 were found. Record necessary journal entries in Maali and Marwa Perfume business.