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Parul, Rahul, and Payal are sharing profits in the ratio of 2 : 2 : 1. Rahul died on 30th June

883 viewsFebruary 12, 2024[ISC] Death of Partner

Anurag Pathak28.55K February 12, 2024 0 Comments

Parul, Rahul, and Payal are sharing profits in the ratio of 2 : 2 : 1. Rahul died on 30th June 2022. Sale for the year ended 31st March, 2022 was ₹ 7,50,000. Sale between the period from 1st April, 2022 to 30th June, 2022 was ₹ 2,50,000. Profit for the year ended 31st March, 2022 was ₹ 75,000.

Calculate deceased partner’s share in the profits of the firm till his death.

Anurag Pathak Changed status to publish February 12, 2024

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Anurag Pathak28.55K Posted February 12, 2024 0 Comments

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Anurag Pathak Changed status to publish February 12, 2024

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Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

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Parul, Rahul, and Payal are sharing profits in the ratio of 2 : 2 : 1. Rahul died on 30th June

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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