Arun and Vijay are partners in a firm sharing profits & loss in the ratio of 3 : 2.
| Liabilities | ₹ | Assets | ₹ |
|---|---|---|---|
| Machinery | 2,00,000 |
If the value of machinery in the Balance Sheet is excess by 33 and 1/3%, find the value of machinery to be shown in the New Balance Sheet.
[Ans.: ₹ 1,50,000.]
Solution :
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