Nitin Tarun and Amar are partners sharing profits equally and decide to share profits in the ratio ......

2019 is as follows:

Pass the Journal entries in each of the following situations:

i

When its Market Value is not given;

ii

When its Market Value is    4,00,000;

iii

When its Market Value is    4,24,000;

iv

When its Market Value is    3,70,000;

v

When its Market Value is    3,10,000.

By: Aman