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A B and C adjusted capitals are one lakh twenty thousand eighty thousand and sixty thousand rupees respectively. Capitals must be maintained in ratio two to two to one and total capital remains same. What should C do?

Answer and explanation

Correct answer: Withdraw eight thousand rupees

Total capital is two lakh sixty thousand and target capital for C is fifty two thousand rupees. C actual capital is sixty thousand so he must withdraw eight thousand.

Related tags

Capital AdjustmentThree PartnersTarget CapitalCapital AccountsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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