Computer Science, asked by MDBASHARATS, 6 months ago

A, B and C were partners sharing profits and

losses in the ratio of 3:2:1. C’s died on 30fh

April, 2019. His share of profit was to be

calculated on the basis of average profit of last

three years. The firm closes its books on 31st

December every year.Profits for 2016, 2017and

2018 were 80, 000, 61,000 and Rs 75,000

respectively. Calculate C’s share of profit. Pass

necessary journal entry also.



(C’s share of profit =4,000)

Answers

Answered by muktars634
0

Answer:

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