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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Retirement and Death of a Partner › Mohit:Sohan 2:1, firm capital Rs. 1,20,000; they…

Mohit:Sohan 2:1, firm capital Rs. 1,20,000; they hold 82,000 and 41,000. Mohit withdraws?

ARs. 40,000
BRs. 3,000
CRs. 2,000
DRs. 1,000
Answer & Solution
Correct answer: C. Rs. 2,000
Mohit's required capital is 2/3 of Rs. 1,20,000, which is Rs. 80,000, so he takes out Rs. 82,000 minus Rs. 80,000.
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