=+ (d) The sums credited and debited to partners for interest had been posted to an Interest

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(d) The sums credited and debited to partners for interest had been posted to an Interest Account, the balance on which had been written off to Profit & Loss Account in arriving at the profit of

£9,155.

It was agreed to take W into partnership on 1st April, 1960 and that thereafter profits should be shared as follows:

X one-third Y two-ninths two-ninths W two-ninths

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