Reya, Mona and Nisha shared profits in the ratio of 3 : 2 : 1. The profits for the last three year were ₹1,40,000; ₹84,000 and ₹1,06,000 respectively. These profits were by mistake shared equally for all the give necessary Journal entry for the same.

 Reya, Mona and Nisha shared profits in the ratio of 3 : 2 : 1. The profits for the last three year were  ₹1,40,000;  ₹84,000 and   ₹1,06,000 respectively. These profits were by mistake shared equally for all the give necessary Journal entry for the same.

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