Accountancy, asked by medhasharma763, 4 months ago

anish, Ana and Pranjal are partners in a firm sharing profits and losses in the ratio of 5:3:2.

Their books are closed on March 31st every year.

Danish died on September 30th , 2019, The executors of Danish are entitled to:-

i. His share of Capital i.e. ₹ 5,00,000 along-with his share of goodwill. The total goodwill of the

firm was valued at ₹ 60,000.

ii. His share of profit up to his date of death on the basis of sales till date of death. Sales for the

year ended March 31, 2019 was ₹ 2,00,000 and profit for the same year was 10% on sales.

Sales shows a growth trend of 20% and percentage of profit earning is reduced by 1%.

iii. Amount payable to Danish was transferred to his executors.

Pass necessary Journal Entries and show the workings clearly.

Answers

Answered by kamalbannarajput9
1

Answer:

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Explanation:

r from my account to see the consumptions a very simple but to me Bata hu to apna to get it to work ok and I phone to call mat karna to get a hold to number he ni cophi kamplit kar rha to get it to work ok and you can come to the house to get the consumptions a small room and how to do rrrrr me to bachpan to get a hold to number de de to go back in the morning to get a new phone to uthale to get it right right he ni mast cell number de de and I phone to uthale a very happy birthday to you happy birthday to you happy

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