Ajay, Vijay & son jevar partner in a firm sharing profits in the ratio of 1:2:1. The firm closes it's books on 31st March every year. On 30th September 2019 vijay died. On that date his capital account showed a debit balance of 5000 there was a debit balance of 3000 in profits & loss A/c. The goodwill of the firm was valued at 380000. Vijay's share of profit in the year. of his death was to be calculated on the basis of average profit of the last five years. are 65000 , 80000 , 70000 , 105000 & 130000. Pass journal enteries in the books of the form on vijay's death.
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