Question

14.02.2020
1. A, B and C are in partnership sharing profits and losses in the ratio of
9:6:5. Their balance sheet stood as follows:
Rs.
Assets
Sundry Assets
Rs.
2,40,000
Liabilities
Capital Accounts:
A
B
C
Sundry Creditors
Profit & Loss a/c
60,000
60,000
45,000
45,000
30,000
2,40,000
2,40,000
C retires and a revaluation loss of Rs.6, 000. The goodwill of the firm
is Rs.60, 000 and the reaming partners A and B pay for the share of
goodwill due to C so as to keep the goodwill as a secret reserve.
Write up the capital account of the outgoing partner C and transfer it to
C's loan account.

Answer 1

Answer:

Please upload the pic of full question.

Because aise amount smj mein nhi a rha toh mai sirf ik idea se question solve kr rhi hu. ap question ko dwkh kar amount theek kr laina. lekin question dolve krne ka treeka yhi hai ☺

Explanation:

Stars shown in the figure is calculation