Question
Q10 (Change of capitals). Q and S are in association sharing benefits and misfortunes in the proportion of 2:1. They concede T as an accomplice
Q10 (Change of capitals). Q and S are in association sharing benefits and misfortunes in the proportion of 2:1. They concede T as an accomplice for 1/fifth offer. I brings Rs. 30,000 as his portion of capital. Capital records of old accomplices were to be changed based on the extent of T's cash-flow to his portion in the business expecting that the real money was paid off or gotten by the old accomplices by and large. The capitals of Q and S staying after changes are Rs 30,000 and Rs 20,000 separately. Ascertain the sum paid or acquired by old accomplices.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started