Question

My Ul We
my
Deceased Partner's Share of Goodwill
19. X,Yand Zwere partners in a firm sharing profit in the ratio of 3:2:1. The firm closes its books on 31st Marchener
year. Y died on 30th June, 2020. On Y's death goodwill of the firm was valued at 60,000. Y's share in the profe
the firm till the date of his death was to be calculated on the basis of previous year's profit which was 1500
Pass necessary Journal entries for goodwill and Y's share of profit at the time of his death.​

Answer 1

Answer:

Go through the attached