CUET Accountancy 2022 20 July Shift 1 PYQs

D will bring in cash as his capital:

Provision for Doubtful debts to be shown in Revaluation Account :

Abhiram and Ragini are partners sharing profits in the ratio of 3:2. They admit Arun a new partner for 1/5th share in the future profits of the firm which he gets equally from Abhiram and Ragini. Calculate the new profit sharing ratio of Abhiram, Ragini and Arun.