Question

Rahul, Sahil and Jatin were partners in a firm sharing profits and losses in the ratio of 4:3:2. Rahul
died on 15th October, 2017. Intervening period Profit will be allowed to Rahul i.e. from April 01, 2017
to 15th October, 2017 on the basis of sales. Sales during the accounting period 2016-17
₹
9,00,000
and for intervening period 3,60,000. During 2016-17 firm earned profit * 5,40,000.
Calculate Intervening period Profit or loss of Rahul.
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Answer 1

Answer:

Explanation:

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