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प्रश्न
Anil, Sunil and Hari were partners sharing profits equally. Sunil died on 31st December, 2025. In terms of the partnership deed, accounts were prepared for the period ended 31st December, 2025 and net profit was determined at 6,00,000.
Pass the Journal entry for the profit share of the partners.
रोजकीर्द नोंद
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उत्तर
| Journal Entry | ||||
| Date | Particulars | L.F. | Debit (₹) | Credit (₹) |
| 2025 Dec 31 |
Profit & Loss Appropriation A/c ...Dr. | 6,00,000 | - | |
| To Anil’s Capital A/c | - | 2,00,000 | ||
| To Sunil’s Capital A/c | - | 2,00,000 | ||
| To Hari’s Capital A/c | - | 2,00,000 | ||
| (Being the actual net profit up to the date of death distributed equally among all partners) | ||||
Working Notes:
Calculation of Partners’ Profit Shares:
The partners share profits equally (1 : 1 : 1).
Anil’s Share = `6,00,000 xx 1/3`
= 2,00,000
Sunil’s Share = `6,00,000 xx 1/3`
= 2,00,000
Hari’s Share = `6,00,000 xx 1/3`
= 2,00,000
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