Question

10. Ram, Manu and Hari were partners in a firm. Hari died on 30th June, 2020. His share of profit from the closure
of the last accounting year till the date of death was to be calculated on the basis of the average of three
completed financial years of profits before death. Profits for the years ended 31st March, 2018, 2019 and
2020 were 1,10,000; * 1,20,000 and 1,30,000 respectively. Calculate Hari's share of profit till the date of
his death and pass necessary Journal entry for the same.​

Answer 1

Explanation:

120000 me hua tha bhai dosnot