Aditi, Kartik and Tina were partners in a firm sharing profits and losses in the ratio of 5 : 3:2. On 31st March, 2019, their Balance Sheet was asfollows:Balance Sheet of Aditi, Kartik and Tina as at 31st March, 2019AmountAmountLiabilitiesAssetsरCreditors96,000 FurnitureStock4.30.0001.50,000Capitals :Debtors83,00033.000CashAditiKartikTina3,00,0002,00,0001,00,0006,00,0006,96,0006,96,000Aditi died on 1st November, 2019. It was agreed that:(i) Goodwill of the firm be valued at $ 1,00,000.(ii) Profit for the year 2019 - 20 be taken as having accrued at thesame rate as the previous year 2018 - 19. Profit for the year2018 - 19 was 96,000.Half the amount was pnid to Aditi's executors immediately and theremaining holl will be paid in two equal annual instalments withinterest @ 6% p..Pass the necessary journal entries to record the above transactions in thebooks of the firm on the date of her death.

Aditi, Kartik and Tina were partners in a firm sharing profits and los

1.	Aditi, Kartik and Tina were partners in a firm sharing profits and losses in the ratio of 5 : 3:2. On 31st March, 2019, their Balance Sheet was asfollows:Balance Sheet of Aditi, Kartik and Tina as at 31st March, 2019AmountAmountLiabilitiesAssetsरCreditors96,000 FurnitureStock4.30.0001.50,000Capitals :Debtors83,00033.000CashAditiKartikTina3,00,0002,00,0001,00,0006,00,0006,96,0006,96,000Aditi died on 1st November, 2019. It was agreed that:(i) Goodwill of the firm be valued at $ 1,00,000.(ii) Profit for the year 2019 - 20 be taken as having accrued at thesame rate as the previous year 2018 - 19. Profit for the year2018 - 19 was 96,000.Half the amount was pnid to Aditi's executors immediately and theremaining holl will be paid in two equal annual instalments withinterest @ 6% p..Pass the necessary journal entries to record the above transactions in thebooks of the firm on the date of her death.
Answer» पुनर्मल्यांकन खाता व साझदारा का पूजाQ. 3. X and Y are partners in a firm sharing profits and losses in the ratio 3:1 Theirbalance sheet as on 31" December was as under :-Balance Sheet(As on 31 December 2017)LiabilitiesRs.AssetsRs.Creditors18000Cash in hand7500Capitals :-Bills Receivables1500X - 17000Debtors8000Y - 550022500Stock1000Furniture10000Buildings125004050040500On 1"' January 2018 they admitted Z into partnership on following terms :-1. He will pay RS. 5500 as Capital for 1/5 share of profit.2. He brings for GOODWILL Rs. 2000.3. Stock and Furniture will be depreciated by 10% and a Provision on Debtorswill be made @ 5%4. Buiiding will be APPRECIATED by 20%Prepare REVALUATION Account and Partners Capital A/C

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