6. Alpha, Beta & Charlie were partners in a firm sharing profits in the ratio of 5:3:2. On 31st March
2018, their balance sheet was as follows:
6 Marks
Liabilities
Rs. Assets Rs.
Creditors
11,000 Building 20,000
Reserves
6,000 Machinery 30,000
Alpha's Loan A/C
5,000 Stock 10,000
Capital A/cs
Patents 11,000
Alpha 25,000
Debtors 8,000
Beta
25,000
Cash
8,000
Charlie
15,000 65,000
87,000
87,000
Alpha died on 1st October 2018. It was agreed among his executors & the remaining partners that :
a) Goodwill to be valued at 2 %2 years purchase of the average profit of the previous 4 years, which
were 2014-15: Rs.13,000, 2015-16 : Rs.12,000, 2016-17 : Rs.20,000 & 2017-18: Rs.15,000.
b) Patents be valued at Rs.8000, Machinery at Rs.28,000 & Building at Rs. 25,000.
C) Profit for the year 2017-18 be taken as having accrued at the same rate as that of the previous years.
d) Interest on capital be provided @10% p.a.
e) Half of the amount due to Alpha to be paid immediately to the executors & the balane transferred to
his (executor's) loan account.
Prepare Alpha's Capital Account & Alpha's Executor's Account as on 1st October 2018.
Answers
Answered by
0
Answer:
Because honey has more strong intermolecular attractive forces than water.so the particles are strongly binded in honey than water.hence honey is more viscous than water. 1. According to chemistry- because the inter molecular force between the molecules of honey is strong so it is more visous then water.
Similar questions