death
16. Aſay, Bhawna and Shreya were partners sharing profits in the ratio of 2:2:1.On 1st July, 2019 Shreya diet
from 1st April to 30th June, 2019 were 1,40,000. Rate of profit during the past three years had been 10%
The books of accounts are closed on 31st March every year. Sales for the year 2018–195,00,000 and tha
on sales. Since Shreya's legal representative was her only son, who is specially abled, it was decided that
Calculate Shreya's share of profits till the date of her death and pass necessary Journal entry for the same
the profit for the purpose of settling Shreya's account is to be calculated as 20% on sales.
(CBSF 2010
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Aſay, Bhawna and Shreya were partners sharing profits in the ratio of 2:2:1.On 1st July, 2019 Shreya dietfrom 1st April to 30th June, 2019 were 1,40000. Rate of profit ... in the ratio of 2:2:1.On 1st July, 2019 Shreya diet from 1st April to 30th June, 2019 were 1,40,000. Rate of profit during the past three years had been 10 %
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