Amar, bhuwan and chaman were partners sharing profit and losses in the ratio 3:2:1. Bhuvan died on 30th June 2020 lost from the beginning of the accounting year till the date of death was estimated at ₹ 180000. Amar and Chauhan decided to share future profits in the ratio of 3:2 w. e. f. 1sr apr 2020.
pass the necessary general entry to record Bhuvan share of profit/ loss up to the date of death.
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Answer:Amar Bhuwan and chaman were partners sharing profit and losses in the ratio 3:2:1 Bhuwan died on 30th June 3020.lost from the beginning of the accounting year till the death of the was estimated at rupees 180000.Amar and Chauhan decided to to share the future profits in the ratio of 3:2w.e.f.1sr Apr 2020
Explanation:
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