X and Y are partners sharing profits in the ratio 2 : 1. Z is admitted for $${\frac{1}{4}^{{\text{th}}}}$$ share in profits and he brings his share of capital Rs. 12,000 in firm. The adjusted capital of Y is
A. Rs. 18,000
B. Rs. 16,000
C. Rs. 20,000
D. Rs. 12,000
Answer: Option D
This Question Belongs to Commerce >> Accounting
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