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Teaching Accountancy Partnership Accounts Question Bank MCQ - Partnership Accounts

  • question_answer
    X and Y share profits and losses in the ratio of 3: 2. They admit Z for \[\frac{1}{2}th\]share in profit. The new ratio of distribution of profits will be

    A)  \[3:2:1\]                                   

    B)  \[3:2:2\]

    C)                     \[4:1:1\]                                   

    D)  \[3:2:3\]

    Correct Answer: A

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