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P ,s,d are prtners sharing ratio …

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P ,s,d are prtners sharing ratio of 2:2:1 book close 31march 2017 .nd died on june30. interest on cap 10per.draw 12nd withdrew60000 .nd his share of profit calculate on basis of rate of net profit on sale the previous yrs which 25percent .the sales of the firm till 30june were 600000

Posted by Jyoti Jyoti Kumari 5 years, 8 months ago

CBSE > Class 12 > Accountancy

2 answers

Pushkar Singh 5 years, 8 months ago

Last year sale / last year profit × sale till date × his share

Pushkar Singh 5 years, 8 months ago

By using formula Profit =profit of last year sale/sale of last year × sale till the date × died patner share.

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