Question

Liabilities
Amount
Capital
Assets
Shanti
Samadhan
Sangharsh
Furniture
23,000 Machinery
15,000 Building
12,000 Cash
17.000
18.000
16,000
37.000
Bills Payable
Creditors
Loan
8,000
10,000
16,000
88,000
88,000
deed:
Furniture
years.
was entitled to get a salary of 3 800
per
1) Sangharsh
per
month
Prepare : (a) Sangharsh's capital account showing amount payable to his executor.
(b) Give working notes for share of goodwill and profit.
33,650, Sangha
som 31.03.2013 was as follows:
h were sharing profits and losses in the ratio of 7:5:4. Their balance sheet
Sangharsh died on 30 June, 2013, and the following adjustments were agreed as per
Machinery and Building are to be revalued at 16,700,7 16,200, 30,100 respectively.
Sangharsh's share in goodwill is to be valued from firm's goodwill which was valued at two times of the
average profit of last three
Profit of the last three years = * 30,000, < 25,000, 320,000.
3 His profit up to the date of death is to be calculated on the basis of profit of last year.
Interest on capital at 10% to be allowed.
- Sangharsh's drawings up to the date of death was 600
Balance Sheet as on 31st March, 2013
General Reserve​

Answer 1

Answer:

I will follow u if u make me branliest

Answer 2

Answer:

sorry but I have to send questions one by one