In this poem, the shadows before and after noon are used to represent the relationship between two people. Noon, which is a brief period, represents the stage of absolute love. Similarly, the shadows before noon are compared to lovers before they completely understand each other. On the other hand, the shadows after noon are meant to describe the maturity of their relationship. Hence, the shadow before Noon is apparent, whereas, in the afternoon, it fades away.
houres shadowes Sunne noone clearnesse behinde |
Rupal, Shanu and Trisha were partners in a firm sharing profits and losses in the ratio of 4:3:1. Their Balance Sheet as at 31st March, 2024 was as follows:
(i) Trisha's share of profit was entirely taken by Shanu.
(ii) Fixed assets were found to be undervalued by Rs 2,40,000.
(iii) Stock was revalued at Rs 2,00,000.
(iv) Goodwill of the firm was valued at Rs 8,00,000 on Trisha's retirement.
(v) The total capital of the new firm was fixed at Rs 16,00,000 which was adjusted according to the new profit sharing ratio of the partners. For this necessary cash was paid off or brought in by the partners as the case may be.
Prepare Revaluation Account and Partners' Capital Accounts.