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When A and B sharing profits and losses in the ratio 5:3, admit C as...

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Question

Accounting

When A and B sharing profits and losses in the ratio 5:3, admit C as a partner giving him 1/9th share of profits? This will be given by A and B:

a.

In their capitals ratio

b.

Equally

c.

In their profit sharing ratio

d.

None of these are correct

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