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(a) Harshit and Himani were partners in a firm sharing profits and losses in the ratio 3:2. On 31st March, 2019, their balance sheet was

(a) Harshit and Himani were partners in a firm sharing profits and losses in the ratio 3:2. On

31st March, 2019, their balance sheet was as follows:

LIABILITIES AMOUNT ASSETS AMOUNT Creditors Debtors 10,000 Investment fluctuation Less: Provision 350 9650 fund Cash Bank loan Stock Capitals: Plant Harshit Patents Himani 15.000 35000 Investments Goodwill

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