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A,B and C were partners in a firm sharing profits equally. Their Balance Sheet on 31.12.2007 stood as: BALANCE SHEET as at 31.12.2007 Liabilities `

A,B and C were partners in a firm sharing profits equally. Their Balance Sheet on 31.12.2007 stood as: BALANCE SHEET as at 31.12.2007 Liabilities ` Assets ` A Rs.30,000 B Rs.30,000 C Rs.25,000 Bills P...

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