Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accounting and Auditing Basic accounting principles Partnership Accounts
A and B share profit in the ratio 2 : 1. They admit C in the firm to share 1/4th of the profit, who invests a capital of Rs.12,000, so the adjusted capital of B will be:
1
Rs. 48,000
2
Rs. 12,000
3
Rs. 16,000
4
Rs. 24,000