Question

reyansh garg and kavleen were partnership in a firm sharing profit and loss in the ratio 8:7:5 on 2nd november 2018 kavleen died kaveen share of profit the date of her dath was calculate at 9375 pass necessary journal entry​

Answer 1

Answer:

P&L Suspense A/c Dr. 9,375

_To Kavleen’s Capital A/c 9,375

(Being Kavleen’s share of profit up to the date of her death transferred to her

capital account)

hope it helps..