CA CPT Dec 2018 Question Paper Fundamentals of Accounting for online practice

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Question : 41 of 50
 
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Jai, Ajay & Vijay are equal partners in a firm with capital balances of ₹3,50,000,₹2,00,000 & ₹2,50,000 respectively. They decided to increase their capital base to ₹12,00,000 and make their capital A/c's proportionate to their new profit sharing ratio of 2:2:1. How much cash will each partner bring to make their capital accounts proportionate to their new capital accounts proportionate to their new profit sharing ratio?
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