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The following is the Balance Sheet of Tarun and Ashima sharing profit and losses in the ratio of 2 : 1. Liabilities Amount Assets Amount

The following is the Balance Sheet of Tarun and Ashima sharing profit and losses in the ratio of 2 : 1. Liabilities Amount Assets Amount (`) (`) Capitals : Cash 12,000 Tarun 50,000 Sundry Debtors 60...

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