Question

Manoj, Rakesh and Harsh were partners sharing profits in the ratio of 2:2 1. Manoj died on 30th June, 2012)
Rakesh and Harsh decided to continue the business. Share of profit or loss of the deceased partner frem
the beginning of the year up to the date of death was to be determined on the basis of last year's prett
Last year's loss was 2,00,000
Pass necessary Journal entry to record Manoj's share of profit/loss up to the date of death​

Answer 1

bro I can help you but this chapter is not comming in 1 st terms of exam so prepare your first term examination