English, asked by anshikaanshika4043, 5 months ago

30] A,B and C share profits 1:2:3.B died after six months on that date firm earned profit Rs. 60,000.firms goodwill was valued Rs. 1,20,000.Reserve wasRs. 30,000.B’s share of capital Rs. 60,000.Loss on revaluation account was Rs1,50,000.prepare B’s exicuter account. (6)

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Answered by kiran200495

Answer:

1. Six friends started a partnership business by investing Rs. 2,00,000 each. ... A, B and C were partners in a firm sharing profits in the ratio of 3 : 2 : 1. ... Present the share capital of the company in its Balance Sheet.

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30] A,B and C share profits 1:2:3.B died after six months on that date firm earned profit Rs. 60,000.firms goodwill was valued Rs. 1,20,000.Reserve wasRs. 30,000.B’s share of capital Rs. 60,000.Loss on revaluation account was Rs1,50,000.prepare B’s exicuter account. (6)​

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30] A,B and C share profits 1:2:3.B died after six months on that date firm earned profit Rs. 60,000.firms goodwill was valued Rs. 1,20,000.Reserve wasRs. 30,000.B’s share of capital Rs. 60,000.Loss on revaluation account was Rs1,50,000.prepare B’s exicuter account. (6)