CA CPT 2014 Dec Question Paper Fundamentals of Accounting for online practice
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Question : 39 of 59
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A & B entered into a joint venture. A contributed Rs.2,00,000 for goods and Rs.15,000 expenses. Bsupplied goods of Rs.56,000 and paid expenses of Rs.2,000. B sold the goods for Rs.4,00,000. B isallowed a commission of 10%. Profit sharing is 3:2. How much amount B has to remit to A in fullsettlement of account?
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