a partner.
vii. A, B and C are partners in a business Sharing profits in the ratio of 2:2:1. C dies on 31.3.14. The profit
for the year 2019 is 70,000. What will be the share in profit of the deceased partner C.
Answers
Answered by
0
Answer:
it is assumed that the calculation of profit should be based on previous year profit.
70,000×1/5 = 14,000
Similar questions