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Please solve it urgently ASAP Question 3 Not yet answered Maali and Marwa are partners of Perfurme business sharing profit and loss in the ratio
Please solve it urgently ASAP
Question 3 Not yet answered Maali and Marwa are partners of Perfurme business sharing profit and loss in the ratio of 6:2. Their Balance Sheet as on 31/12/19 shows OMR 35 000 as Profit and Loss A/c in the liabilities side. On 31-12-2020 they admit mizna, on that date, their Balance Sheet showed an amount of OMR 15.000 as Profit and Loss A/c in the Asset side. On the same Balance Sheet an reserve fund of OMR 19500 were found. Record necessary journal entries in Maali and Marwa Perfume business. Marked out of 4.00 Remove flagStep by Step Solution
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