ExamVeda
Login
Home
This question belongs to Commerce Accounting
Accounting
?

X and Y are partners and sharing profits-losses in the ratio of 4 : 3. They admit Z in partnership giving $${\frac{1}{3}^{{\text{rd}}}}$$ share in profits/losses. If Z receives his share from X and Y in equal proportion, the share of Y in profits/loses in future will be

Answer & Solution
Correct Answer: Option A
Let's discuss the solution. Join the discussion
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.