Question

Q7. Kanika, Sakshi and Aroha are partners sharing profits and losses as 25%, 35% and 40%.
Kanika decided to rethes with the consent ol other partners and sold her share to Sakshi.
Goodwill was valued at two and a hall year purchase ol the average profit of three years,
Profits of these three years were 150000, 170000 and 160000 Reserve fund stood in the
Balance sheelal 130000 at the time of retirement,
You are required to record necessary Toumal entries for above adjustment on Kanika
Retirement. Also prepare her Capital account to find out the amount due to her
When her Capital balance in the balance sheel was 125000 before any of the above
Adjustment
06​

Answer 1

Answer:

Ya allah itna bdA qus. Uff

Answer 2

Answer:

SORRY I AM DON'T NO ABOUT THE ANSWER......