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Answer to Question #257467 in Accounting for Madhuri

Question #257467
from the following trial balance of kabir and kishor sharing profit in the ratio 2:3 prepare trading and profit and loss account
1
Expert's answer
2021-11-02T17:48:09-0400

Kabir will be receiving 2/5 and Kishor will be receiving 3/5 of the net profit or loss.


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