1.

A Band C were partners in a firm sharing profits in 3:2:1 ratio. The firm closes its books on 31stMarch every year. B died on 12-6-2019 and A and C decided to share future profits in the ratio of 5:4. On B's death his share in the profits of the firm till the time of his death was to be calculated on the basis of previous year's profit which was Rs6,30,000. Calculate B's share in the profit of the firm. Pass necessary journal entry for B's share of profit at the time of his death.​

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