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Financial Statements of NFP

Quick practice

Question 1 of 5

P, K and R sharing the profits in the ratio of 3: 2: 1 decided to dissolve the firm on 31st March 2019. The important information have been presented below.

Calculate the amount paid to P.

A

Rs.57,700

B

Rs.58,900

C

Rs.60,900

D

Rs.57,900

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