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Commerce · Q2057

Accounting

Graduate and Post Graduate · Commerce · question 2057

Q2057

A and B are partners sharing profit and losses in 3 : 2. C is admitted in the firm for 1/5^ th share and he brings Rs. 10,000 as capital. What will be adjusted capital of B?

A and B are partners sharing profit and losses in 3 : 2. C is admitted in the firm for share and he brings Rs. 10,000 as capital. What will be adjusted capital of B?
A.
Rs. 10,000
B.
Rs. 12,000
C.
Rs. 14,000
D.
Rs. 16,000
Answer

Answer: Option D

Solution

Answer: Option D
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