If Z is Admitted for 1/5th Share, How Much Capital Will Z Contribute? #accountancy #shorts
X and Y are partners sharing profits in the ratio of 3:2, with capitals of ₹21,00,000 and ₹2,50,000 respectively. Z is admitted for 1/5th share in profits. Based on the existing capital structure, calculate the amount Z will contribute as capital to maintain the proportionate capital ratio in the firm.
#profitsharing #partnershipaccounting #capitalcontribution #newpartneradmission #accountingratios #financialmanagement #businessfinance #cbseaccountancy #class12accountancy #partnershipfirms
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