Accountancy, asked by aishwarya2942, 4 months ago

Varun, Arun and Tarun are partners in a firm, sharing profit in the ratio of 2:2:1. Their capital account stood as ₹ 1,00,000 ;₹ 1,00,000; ₹ 50,000 respectively. Arun died, and balance in the reserve on the date was ₹ 30,000 and profit on revaluation ₹ 14,100. If the goodwill of the firm is ₹ 60,000 and his share of profit up to the date of death is ₹ 10,000,calculate the amount due to the deceased partner.

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Answered by prabhujigupta
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