Question
Pia and Ramona are partners who share income in the ratio of 3:2. Their capital balances are 80,000 and 120,000 respectively. Income Summary has a
Pia and Ramona are partners who share income in the ratio of 3:2. Their capital balances are 80,000 and 120,000 respectively. Income Summary has a credit balance of 40,000. What is Pias capital balance after closing Income Summary to Capital?
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Auditing Audit Principles Audit Process Vouching And Verification Company Auditor Audit Report.
Authors: Jagtap Subhash
1st Edition
1688008780, 978-1688008786
