मराठी

P, Q and R were partners sharing profits in the ratio of their Capital contribution which were ₹ 6,00,000; ₹ 4,00,000 and ₹ 5,00,000 respectively. - Accounts

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प्रश्न

P, Q and R were partners sharing profits in the ratio of their Capital contribution which were ₹ 6,00,000; ₹ 4,00,000 and ₹ 5,00,000 respectively. Their books are closed on 31st March every year. P dies on 24th August, 2021. Under the partnership deed, deceased partner is entitled to his share of profit/loss to the date of death based on the average profits of preceding three years. Profits were 2018 ₹ 50,000; 2019 1,80,000 (Loss); 2020 ₹ 30,000 and 2021 ₹ 60,000. P’s share of profit/loss will be:

पर्याय

  • (₹ 3,200)

  • (₹ 6,400)

  • (₹ 12,000)

  • (₹ 4,800)

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उत्तर

(₹ 4,800)

Explanation:

Average Profits = `(60,000+30,000+(1,20,000))/3`

= ₹ 30,000 (Loss)

P’s share of Loss = `30,000xx146/365xx6/15`

= ₹ 4,800

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पाठ 4: Retirement or Death of a Partner - OBJECTIVE TYPE QUESTIONS [पृष्ठ ४.१९६]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 4 Retirement or Death of a Partner
OBJECTIVE TYPE QUESTIONS | Q 39. | पृष्ठ ४.१९६
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