Question

05. Anu Banu and charen are partners in a fim sharing profits and ceasuly
Their balance sheet as on 31-03-2013 Sorven below:-
0000
15.000
Plant & machinery
Creditors
Geners reserve
Socks
20.000
10000
75.000
Charen
73.000
Anu died on 1-7-2013. the partnership deed provides that the representatives
of the deceased partner sy be ena za
Deceased partners CEO as 200 saring on the last balance sheet
Interest on capital at 6
Share of acorved profit, based on the average of last 3 years pot
Profts for ne ES 3 vars were is 65000 64.000 8.900
Share in the general reserve
Antenest on the drawings amounted to As200
Anu's drawing up to the date of death noted Rs 3.000
Asostain the amount payable to the Amuseeters​

Answer 1

Answer:

Anu Banu and charen are partners in a fim sharing profits and ceasuly

Their balance sheet as on 31-03-2013 Sorven below:-

0000

15.000

Plant & machinery

Creditors

Geners reserve

Socks

20.000

10000

75.000

Charen

73.000