Question

Raju, Ravi and Roopa are partners sharing profit and losses in the ratio of 4:33. Their capitalbalances on 01.04.2019 stood Rs. 1,00,000, Rs. 80,000 and 50,000 respectively
Raju died on 01 10.2019. The partnership deed provides the following
a) Interest on Capital at 12% p.a.
b) He had withdrawn Rs. 5,000 up to date of death
c) Raju's share of goodwill Rs. 5,000 (as per AS26)
d) His share of profit up to the date of death on the basis of previous year profits. Previous
year profits Rs. 20,000
Prepare Raju's executors account.​

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Answer 1

Answer:

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Answer 2

Answer:

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