Q25.
Ajay Vijay and son Jevar partner in a flem sharing profits in the ratio 1 2 1. The firm closes it
books on 31st March every year. on 30th September 2019 Vijay dled, on that date his capital accour
showed a Debit balance of 5,000. there was a Debit balance of 30000 in profit and loss account. Th
Goodwill of the firm was valued at 380000. Vijay's share of profit in the year of his death was to b
calculated on the basis of average profit of the last five years. The profit for the last 5 years are 65000
80000; 70000; 105000 and 130000.
pass necessary Journal entries in the books of the form on Vijay's death.
26.
Answers
Explanation:
The new strain of COVID-19 reported in the United Kingdom seems to increase transmissibility and infection rate but the mutation has so far not affected the severity and case fatality of the disease, noted V.K. Paul, Member (Health), NITI Aayog, on Tuesday, speaking at a press conference.
He added that, as of now, the mutation had not been detected in India, and that it had no impact on the potential of the emerging vaccines being developed in India or available internationally. “There is no cause for concern, no need to panic, as of now. But we have to stay vigilant,” he said.
Answer:
The seagull didn't have the courage to fly . Hence, he used to make excuses for not flying. He felt certain that his wings were to weak to support him. That's why he was exhausted by the strange excersise