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| 1. |
Lion and Tiger having capitals of Rs.2,00,000 each are sharing profits and losses equally. Leopard joins as an equal partner with a capital of Rs.2,50,000. Goodwill of the firm is valued at Rs.2,10,000. The revaluation profit is Rs.36,000. Find the closing capitals of Lion, Tiger and Leopard |
| A. | Rs.2,50,000; Rs.2,50,000; Rs.2,50,000 |
| B. | Rs.2,88,000; Rs.2,88,000; Rs.2,00,000 |
| C. | Rs.2,18,000; Rs.2,18,000; Rs.2,50,000 |
| D. | Rs.2,53,000; Rs.2,53,000; Rs.2,50,000 |
| Answer» E. | |