=+11. fA, and C are in partnership at Exton and Wyeton sharing profits in the ratio

=+11. fA, Β and C are in partnership at Exton and Wyeton sharing profits in the ratio 4:4:2 . Their Balance Sheet at 31st December, 1962, was as follows:

Exton Wyeton Total

£ £ £

Furniture and Equipment 1,000 500 1,500 Motorcars 1,700 800 2,500 Work in Progress 2,800 3,400 6,200 Debtors 2,268 2,422 4,690 7,768 7,122 14,890 Balance at Bank 5,000

£19,890